Tel :
Tel :
Thailand is taking steps to solidify its position as a hub for electric vehicle manufacturing, with the government recently introducing new incentives to boost exports. NM360 steel The revised policy stipulates that for every electric vehicle produced for export, 1.5 vehicles will be counted towards the local production quota, which is expected to drive a significant increase in exports.
Thailand's Board of Investment (BOI) said the new rules could significantly increase Thailand's electric vehicle exports from 12,500 units in 2025 to 52,000 units in 2026. NM360 steel The move came as Chinese electric vehicle giant BYD became the first company to benefit from the government's EV 3.0 program, recently exporting 959 left-hand drive Dolphin models to Europe.
Separately, the Federation of Thai Industries (FTI) reported significant growth in electric vehicle production in Thailand, with pure electric vehicle production reaching 3,610 units in July 2025, a year-on-year jump of over 550%. From January to July, total pure electric vehicle production reached 27,408 units, a nearly 400% increase.
The new export incentives, approved by the Electric Vehicle Council, are a core component of the government's strategy to encourage manufacturers to use Thailand as a global export base. NM360 steel The new 1.5:1 export quota, effective from 2025, is a direct response to proposals from the Federation of Thai Industries and the Electric Vehicle Association of Thailand. Other foreign manufacturers, including MG, Great Wall Motors, GAC Aion, and Changan, have also invested heavily in local production.
The Federation of Thai Industries reports that the industry has created over 9,600 jobs, 85-95% of which are Thai nationals. BYD alone employs over 5,900 people and aims to increase the proportion of Thai employees to 95% by 2026.
