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BANGKOK, October 2022 — YCP Solidiance has launched its latest white paper, “Electric Vehicle Development and Deployment in Thailand: Moving Towards an Acceleration of EV Adoption,” highlighting the rapid growth and opportunities in Thailand’s electric vehicle (EV) market.
The country’s EV market is supported by policy reforms that aim to cut taxes for EV purchases and registrations. There are also numerous infrastructure projects such as the EV charging network that make charging stations more accessible across the country. Still, there is a lot of potential for growth in these areas to help make the transition to electric vehicles more appealing to Thai consumers.
As the country gears up to become the regional hub for electric vehicle production, the government must ensure that the purchase and usage of EVs is incentivized, and that favorable market conditions exist for companies that plan to enter the local EV production and manufacturing market. This white paper outlines the current trends in the Thai EV market and how it can progress in the near future.
Download the white paper in full: Electric Vehicle Development and Deployment in Thailand: Moving Towards an Acceleration of EV Adoption, or contact us at pr@ycp.com to learn more about how we can support your business in Thailand’s electric vehicle market.