Thailand’s EV Ambitions Rise with Policy Push and Chinese OEM Dominance
Overview: Thailand stands as the leading electric vehicle (EV) market in Southeast Asia, bolstered by its strategic location and strong trade ties across the Asia-Pacific region. These advantages make it a compelling choice for automakers looking to establish a regional base and scale operations within the SEA market. This report explores the development of Thailand’s EV sector, with a particular focus on the growing footprint of Chinese EV manufacturers. It also provides an in-depth analysis of the government’s policy framework and incentive programs aimed at positioning Thailand as a regional hub for automotive production.
Table of Contents:
- Thailand’s EV Sales Dip, But Chinese Brands Gain Ground
- Government policy to boost EV manufacturing
- Analyst Takeaway
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Abhik Mukherjee
Abhik Mukherjee is an automotive market analyst and consultant, specializing in the evaluation and assessment of leading automakers’ performance, financial metrics, and strategic approaches. Leveraging his extensive expertise in automotive trend analysis, he delivers in-depth insights, strategic analysis and industry forecasts. Before joining Counterpoint, Abhik served as an academic research analyst and holds both an M.Phil and a Master’s degree in Economics.
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