Tag: electric car

29
Sep

Will Thailand be the next major electric vehicles manufacturer?

Incredible news has graced us recently with the word out that Thailand will have 1.2 million electric cars on the roads by 2036!

Thailand is quietly but successfully becoming the forefront in electric vehicle (EV) production and technology in the ASEAN region, as they have recently received investment from some of the biggest auto manufactures namely BMW, Nissan, and Toyota.

The Thai authorities are completely on board with this move toward environmentally friendly vehicles as this shows in the waiving of tariffs for imported EVs, offering incentives for EV part manufacturing and assembly, as well as promoting the establishment of charging stations nationwide, as we have seen in one of our previous blog posts: EA to build charging stations.

The approved tax incentives will promote production of 3 types of electric cars including hybrid electric vehicles, plug-in hybrid electric vehicles, and battery electric vehicles.

Thailand board of investment

Thailand board of investment

Click here, to view the original article written by prweb: Thailand Emerges As New Production Hub For Electric Vehicles