Thailand striving to become EV production base in South-East Asia

BANGKOK, Dec 10 (Vietnam News/ANN): The Government of Thailand is striving to turn this country into an electric vehicle (EV) production base in South-East Asia.

Government spokesman Anucha Burapachaisri said recently that Prime Minister Prayut Chan-O-Cha has instructed related agencies to implement environmental targets to meet the Government’s carbon neutrality, EV, and renewable energy policies.

He added the Government is accelerating the development of renewable energy, green economy, and the EV industry under its 30@30 policy in order to promote Thailand as an EV production base in the Association of South-East Asian Nations (Asean) region.

Thailand ranked 9th among countries with readiness for electric mobility, according to the Global Electric Mobility Readiness Index (GEMRIX) 2022 conducted by leading consulting firm Arthur D Little.

It was also included in the group of emerging EV markets along with the US, Japan, and the UAE.

Anucha said this proves Thailand's EV industry development over the past four years.

The private sector has responded to the Government's policy and guidelines well, he noted, adding that more foreign investors are investing in Thailand's EV industry.

In the recent past, the Thai Government has taken many measures to support EV producers and encourage the use of EVs.

According to the Board of Investment of Thailand, since the Government announced measures for attracting investment to the EV industry, automobile manufacturers from China, Japan, and Europe have shown their interest and boosted investment in Thailand. - Vietnam News/ANN