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If the government’s support and promises for Electric Vehicles (EVs) stands, the auto market in Thailand shall bring a new landscape. With a target of 1.2 million electric vehicles and 960 charging stations nationwide by 2036, every auto model will have a good share. With the road map already laid down and automakers showing interest, the EVs market seems to be ready for takeoff.
With the government’s information on EVs spreading all over, Thailand’s EVs market is expected to reach 21.6% by 2025. Back in 2018, the Total Industry Volume (TIV) for EVs in stood at 8,802 units.
The Battery Electric Vehicles (BEVs) and Plug-In Electric Vehicles (PHEVs) penetrated into the Thailand market in 2018 but the uptake was too low (1%). Since the only available cars were only the high-end model (Porsche Panamera SE- Hybrid, Volvo XC60, XC90, S90, Mercedes C300e, BMW 330e, and Porsche…
