TAI expects 50,000 BEVs to be sold in Thailand in 2023; over 35,000 units sold in first 7 months
Reported on August 21, 2023, Thailand Automotive Institute (TAI) projected local sales of BEVs to reach 50,000 units in 2023. This target is set amid the weak purchasing power, high household debt, and banks' stricter auto loan criteria. The TAI also anticipated the healthy overall auto industry this year.
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