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EV sector optimistic on prospects Government vow and declining costs a positive sign published : 12 Apr 2021 at 04:30 Mine Smart Ferry boards on the Chao Phraya River. Despite a drop in car sales in February because of the new Covid-19 outbreak, the electric vehicle (EV) industry is upbeat, hoping 2021 is another year of significant progress for the development of its infrastructure. Higher numbers of EVs, electric ferries and EV charging outlets are expected this year, which gradually moves Thailand towards achieving the government s goal of EVs making up at least 50% of new car production, or 1.25 million units, by 2030. This target was changed from 30% of new car production following the global trend of carbon neutrality to cope with global warming, which is directly linked to climate change.

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