Duty exemption for electric vehicle components approved in Thailand
Thailand's cabinet approved an extra incentive package on Tuesday to encourage domestic manufacture of electric vehicles (EVs) by cancelling import taxes on specific parts.
According to Anucha Burapachaisri, deputy secretary-general...
Allocation of 24 Billion Thai Baht to Increase EV Battery Production
The government has allocated 24 billion baht to fund the production of battery cells for electric vehicles domestically (EVs).
Energy Minister Supattanapong Punmeechaow stated that the subsidy was one of...
December 2022 Thai Car Production Up 2.75% Year-On-Year
According to the Federation of Thai Industries (FTI), the number of automobiles manufactured in Thailand increased by 2.75 percent year over year in December to 158,606 units, following a...
Thailand’s November car exports drop despite rising manufacture
Statistics released on Tuesday revealed that despite a 44-month high in automobile manufacturing, Thailand's vehicle exports decreased in November due to inadequate capacity on cargo ships.
According to data compiled...
The 2022 Thailand Motor Expo had a 16 percent increase in vehicle orders
The Southeast Asian country's car sector got a boost from the Thailand International Motor Exhibition 2022, as the number of orders for vehicles increased by 16 percent over the...
Tesla planning launch in Thailand in December
After increasing its employment efforts in the country, Tesla Motors, Inc. is planning to roll out its products in Thailand as soon as this month.
The automobile manufacturer, which is...
