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Mr. Kriengkrai Theinnukul, Chairman of the Federation of Thai Industries (FTI), and Mr. Montri Mahaplerkpong Vice Chairman of the Federation of Thai Industries (F.T.I.) participate in revealing the results of the industrial confidence index survey
Thailand s electric vehicle board on Wednesday approved a new subsidy package to support sales of electric vehicles, according to the chairman of the Federation of Thai Industries.. -November 01, 2023 at 03:50 am EDT
- MarketScreener
Thailand on Wednesday approved a new subsidy package for electric vehicles, an industry official said, in a move to support EV sales in a top regional auto hub where battery-powered cars are steadily gaining traction. The new package approved by the National Electric Vehicle Policy Committee includes a lower subsidy than the current scheme ending this year, chairman of the Federation of Thai Industries, Kriengkrai Theinnukul, told reporters.
Thailand EV Subsidy: Chinese carmakers, including BYD and Great Wall Motor have committed to invest USD 1.44 billion in new production facilities in Thailand, which has long been dominated by Japanese auto majors.