ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Big business in Thailand bets on government's lofty EV goals

Drive to be ASEAN's electric car hub spurs charging station investment

Chinese carmakers, such as SAIC Motor, have moved more aggressively into Thailand's EV market in recent years. (Photo by Yohei Muramatsu)

BANGKOK -- Big companies in Thailand are investing heavily to foster the takeup of electric cars in response to government's goal of turning the country into Southeast Asia's EVs hub within the next decade.

The world is going green and Thailand is jumping on the bandwagon. The National Electric Vehicle Policy Committee recently revealed that it is considering a new EV production target that would see EVs account for half of Thailand's auto manufacturing by 2030. The country is expected to be making 1 million EVs a year by then.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more