GWM looks to boost Thailand plant’s annual BEV production to 14,500 units Reported on December 11, 2025, Great Wall Motor (GWM) said it plans to expand BEV production capacity at its Thailand plant to 14,500 units over the next two years to meet EV incentive requirements and local production targets. GWM’s local output is projected to reach 10,000 vehicles in 2025, following production of 3,000 BEVs in 2024 to offset imports under the EV3.0 a...

News  Updated at: 2025/12/17

Thai Cabinet greenlights EV Board proposal to revise EV3–EV3.5 measures amid market shifts On December 9, 2025, Thailand’s Cabinet approved the National EV Policy Committee’s proposal to revise the EV3 and EV3.5 incentive schemes. The updates aim to enhance efficiency and flexibility, align the programs with current global economic and market conditions, and reduce risks from domestic oversupply and price competition. The revisions follow t...

News  Updated at: 2025/12/11

Hyundai Mobility Thailand eyes 2026 BEV production, calls for tariff fairness Reported on December 4, 2025, Hyundai Mobility Thailand is gearing up for locally assembled BEVs after completing a new assembly plant in Samut Prakan with an annual capacity of 5,000 units. BEV production is slated to begin in 2026, supported by a battery plant now under construction and expected to be completed by April 2026. The two facilities represent a combined in...

News  Updated at: 2025/12/08

Thailand’s EV Board moves to prevent potential market oversupply Announced on November 25, 2025, the National Electric Vehicle Policy Board (EV Board) held its first meeting under the new government led by Prime Minister Anutin. The board was chaired by Deputy Prime Minister and Finance Minister Ekniti. Two key actions aimed at avoiding potential market oversupply include  Enhanced export credit: Reaffirming a July 30 decision, each exported ...

News  Updated at: 2025/11/26

Thailand’s EV Board approves policy updates to boost local production and exports Announced on November 25, 2025, Thailand’s National Electric Vehicle Policy Board (EV Board) has greenlighted key policy updates to accelerate the nation’s EV ambitions. The revisions simplify regulations, extend important deadlines, and introduce new export incentives, strengthening Thailand’s position as a global EV hub. In its first meeting under the new ...

News  Updated at: 2025/11/26

MG meets Thai government’s EV 3.0 target; No price cuts planned Reported on November 23, 2025, MG Sales Thailand confirmed it will not reduce EV prices during the final phase of the EV 3.0 incentive program, stating that current prices are final. Instead, the company will focus on value-enhancing promotions. Although the government’s EV 3.0 subsidy, which offers a THB 150,000 discount per EV, ends on December 31, 2025, MG reiterated that no f...

News  Updated at: 2025/11/25

BYD calls for continued EV support in Thailand, highlights price strategy Reported on October 21, 2025, BYD urged the Thai government to extend its current EV incentive program, EV 3.5, or introduce a new EV 4.0 scheme to support the country’s struggling automotive sector. The appeal comes as the National EV Policy Committee is set to be established under Prime Minister Anuthin Chanwirakun. The current EV incentive program provides tax breaks a...

News  Updated at: 2025/10/24

Omoda & Jaecoo eyes BEV exports as Thai factory opens in Q4 2025 Reported on September 30, 2025, Omoda & Jaecoo (Thailand), a subsidiary of Chinese automaker Chery Automobile, celebrated its first anniversary in the Thai market. The company is exploring BEV exports from its Rayong factory to take advantage of government incentives. This follows the National EV Policy Committee’s July decision to relax BEV production requirements for companies i...

News  Updated at: 2025/10/01

Toyota Thailand launches new Yaris Ativ HEV, opens online pre-booking for updated bZ4X EV On August 21, 2025, Toyota Motor Thailand introduced the new Yaris Ativ HEV, bringing hybrid efficiency to its popular subcompact sedan. Offered in two variants, HEV Premium and HEV GR Sport, the HEV Premium combines a 1.5-liter 4-cylinder hybrid engine paired with a Lithium-ion battery and an E-CVT automatic transmission, delivering 111 hp and class-leading...

News  Updated at: 2025/08/21

Thai EV Board updates oversight rules for Excise Dept.’s EV subsidy disbursements On July 30, 2025, Thailand’s National EV Policy Committee approved updated guidelines to improve the Excise Department’s management of subsidy disbursements under the EV3 and EV3.5 programs. The changes aim to enhance oversight while allowing greater flexibility and efficiency for participating manufacturers. Under the revised rules, EV3 participants who choos...

News  Updated at: 2025/07/31

Thai EV Board eases compliance rules through EV3 and EV3.5 program revisions Announced on July 30, 2025, Thailand’s National EV Policy Committee approved changes to the EV3 and EV3.5 incentive schemes, giving automakers greater flexibility in meeting local production and registration requirements while reinforcing Thailand’s ambitions as a regional EV manufacturing base. A key revision allows each EV produced for export to count as 1.5 units ...

News  Updated at: 2025/07/31

GWM meets Thai Minister, reaffirms long-term investment and 2026 BEV launch in Thailand Announced on July 26, 2025, Thailand’s Industry Minister has recently met with Great Wall Motor (GWM) executives to reaffirm the company’s long-term investment in Thailand and discuss collaboration on smart and autonomous vehicle technologies.  GWM reiterated its commitment to using Thailand as a production and export base for pickups and PPVs under its 7...

News  Updated at: 2025/07/30

U POWER and partners launch Southeast Asia’s first battery-swap taxi fleet in Phuket, Thailand Announced on May 6, 2025, U POWER Limited (NASDAQ: UCAR) and global partners including UNEX EV, AUTO DRIVE, and Sumitomo Corporation Leasing launched Southeast Asia’s first battery-swap taxi fleet in Phuket, Thailand, on April 30. The initial rollout includes 21 UNEX EV-MG taxis, marking a major step in Thailand’s push for green and low-carbon tra...

News  Updated at: 2025/05/06

U Power conducts Southeast Asia's first public demonstration of EV battery swap station in Thailand Announced on April 8, 2025, U Power Limited (Nasdaq: UCAR) took a major step in its Southeast Asia expansion with a successful outdoor exhibition of its UOTTA battery swap station at the 2025 Bangkok International Motor Show in Thailand. The demonstration drew strong interest, with support from key partner SUSCO and over 80 Thai media organizations...

News  Updated at: 2025/04/09

GlobalData Blog: Thailand’s automotive industry at a crossroads Thailand’s automotive industry stands at a crossroads. While it remains a significant player in the ASEAN region, its traditional strengths are under pressure from global trends and domestic challenges. Thailand, formerly known as “the Detroit of Asia,” is losing its competitive edge as a major auto production hub and exporter, as overseas buyers are increasingly switching to...

News  Updated at: 2024/12/12

EV Primus: first Wuling EV unit already rolls off production line in Thailand Reported on December 10, 2024, EV Primus Co., Ltd., the first multi-brand EV distributor in Thailand and the sole distributor of Wuling electric vehicles in Thailand unveiled that the first Wuling unit (Wuling Binguo EV) has already rolled off the production line in its plant located at the Laem Chabang Industrial Estate, meeting the conditions required by the Excise D...

News  Updated at: 2024/12/11

Thailand EV Board approves extended BEV production timeframe under EV 3.0 / EV 3.5 schemes Announced on December 4, 2024, Thailand’s National Electric Vehicle Policy Committee (EV Board) has approved to give more time to BEV manufactures to meet their production commitment under the EV 3.0 incentive package. The EV 3.0 required them to produce EVs in Thailand to compensate for the units they imported from the start of this subsidies program in ...

News  Updated at: 2024/12/06

Juneyao Auto launches JY Air EV in Thailand; planning local assembly in 2025 On November 19, 2024, Juneyao Auto held its launch ceremony in Thailand, presenting the concept of “Joyful Drive, Joyful Life”. The company also unveiled JY Air, its electric sedan with One Box design philosophy, featuring a futuristic minimalist design. It is offered in 2 variants Standard and Plus, priced from THB 759,000 and THB 869,000, respectively (under EV 3.5...

News  Updated at: 2024/11/21

Hyundai announces commitment to Thailand’s EV ecosystem development On September 26, 2024, Hyundai Mobility Thailand (HMT) announced a strategic investment of over THB 1 billion to enhance its presence and contribute to the growth of Thailand’s EV ecosystem.  Thailand’s Board of Investment (BOI) has already approved Hyundai Mobility Manufacturing (Thailand) Co., Ltd.’s investment project that will focus on boosting the local EV productio...

News  Updated at: 2024/09/30

Participants in Thai EV support measures required to start production of key EV parts by 2026 Reported on September 24, 2024, Thailand’s Excise Department said auto manufacturers who enjoy the government’s EV promotion measures are required to start producing 3 crucial components for EVs, namely e-motor, reducer, and inverter, in Thailand by 2026. In Thailand, EV promotion measures have already been launched in the first phase (EV 3.0) and se...

News  Updated at: 2024/09/26