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Mon, Jun 07


Thailand’s Bold Electric Vehicle Plan

Thailand’s Bold Electric Vehicle Plan - Past event

Thailand’s Government has set an aggressive plan with targets of having electric vehicles account for 50% of all new car registrations by the end of the decade. Join us to learn of opportunities for business.

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Thailand’s Bold Electric Vehicle Plan - Past event
Thailand’s Bold Electric Vehicle Plan - Past event

Time & Location

Jun 07, 2021, 10:30 a.m. ICT – Jun 08, 2021, 12:35 a.m. ICT

Thailand’s Bold Electric Vehicle Plan

About the Event

Previously the government set a target to have EVs make up 30% of total car manufacturing, around 750,000 of 2.5 million units, within 2030. The government on March 24 2021 decided to increase the target to 50%, following the rapid growth of EVs in many countries, especially in Europe.

Krisda Utamote, president of the Electric Vehicle Association of Thailand (EVAT) recently shared his opinion that the 50% goal means more charging facilities are needed and the target adjustment may also require a measure to ban ICE (Internal Combustion Engine) vehicles to better develop the EV market

Growth of the EV industry will affect makers of auto parts for ICE vehicles as many of their products will no longer be in demand, with automakers switching focus to EVs.

This change will be delivering a technology and significant changes in the automotive supply chain.  Such a significant change is unavoidable and increasing sales for EV vehicles will drive this.  The adjustment may be difficult for small and medium-sized suppliers that lack financial resources and/or know how.  

This webinar will speak to the growth of EV vehicles, the short- and longer-term changes expected in the supply chain with consideration to the rapidly changing battery supply and discuss opportunities both within Thailand and Asean.  Viet Thai Consulting Group will help you with data and OEM insights gained from our direct relationships with the major OEM’s based in Thailand as well as many of the lesser known EV startups in the region.

Join us for a free webinar to gain insights to this opportunity.

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