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Friday, December 6, 2024

Electric Vehicle Orders Surge at Bangkok International Motor Show

The 44th Bangkok International Motor Show, held from March 20 to April 2, saw a surge in orders for electric vehicles (EVs) in Thailand. As oil prices continue to rise, consumers are turning to EVs, as evidenced by the 9,234 orders placed for electric automobiles at the event. This figure represents 21.53% of all automobile orders, reflecting the growing popularity of EVs in Thailand.

According to Nattapol Rangsitpol, the Industry Ministry Permanent Secretary, the rise in EV orders can be attributed to the government’s supportive measures, which have brought down EV prices and increased consumer confidence in EV standards. Additionally, automakers have been launching a diverse range of new EV models and carrying out sales promotion campaigns for EVs.

The Ministry of Industry has also provided the EV industry with supportive factors, including the establishment of standards associated with all types of EVs, such as those for cars, pickup trucks, buses, cargo trucks, motorcycles, and tricycles. In total, 128 standards were established, including those for batteries and charging stations. The Automotive and Tyre Testing, Research and Innovation Center (ATTRIC) was also developed to improve automobile standards, facilitate research on automobile performance, and support the testing of prototypes.

Mr. Nattapol said the ministry has also worked with relevant agencies to lay down a vision for Thailand to become a major EV and parts manufacturing center. The target is for Thailand to produce 725,000 electric automobiles per year by 2030, which amounts to 30% of the country’s automobile production. Mr. Nattapol added that this target would add no less than 200 billion baht of value to the economy.

In conclusion, the rise in EV orders in Thailand reflects the growing popularity of EVs in the country, driven by government support and rising oil prices. With the establishment of standards and the development of testing facilities, Thailand is well-positioned to become a major player in the EV industry.

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