Tel :
Tel :
As an important hub of the automotive SA736 Grade A class 3 steel manufacturing industry in Southeast Asia and even globally, Thailand's automotive industry has a scale of 12.67 billion US dollars and an annual production capacity of over 2 million vehicles, ranking first in ASEAN and tenth in the world. It contributes 10-11% of Thailand's GDP, directly creating 850000 job opportunities and indirectly driving employment for 1.5 million people. Over the past decade, with the advantageous production capacity of one ton pickup SA736 Grade A class 3 steel trucks and passenger cars, it has maintained an average annual growth rate of 3.3%. At present, the Thai government is making every effort to promote the upgrading of the electric vehicle (EV) industry and attract foreign investment through diversified incentive policies.
In terms of branding, international giants such as Toyota, Honda, Mitsubishi, and Isuzu have deeply cultivated the local market, forming a complete industrial chain consisting of 720 first tier suppliers and over 1100 second - and third tier suppliers. In addition to Japanese brands, Chinese EV manufacturers such as BYD and Great Wall Motors have invested heavily in recent years (such as Great Wall Motors' $1.44 billion layout).
In terms of policy direction, the Board of Investment (BOI) of Thailand provides preferential policies such as corporate income tax reduction, import tariff exemption, and R&D incentives. For example, special zones represented by the Eastern Economic Corridor (EEC) are equipped with advanced infrastructure and strategic logistics networks; EEC Special Zone provides preferential treatment for high-tech industries; Accelerate the capital layout of batteries and supply chains in China. By providing subsidies, tax reductions, and local production requirements to vigorously support the EV industry, the goal is to achieve a 30% share of total electric vehicle production by 2030, with a plan to build 12000 charging stations by 2030. In addition, the United States, China, Japan, Australia and other major export markets for Thai cars, as well as free trade agreements such as the Regional Comprehensive Economic Partnership (RCEP), have provided tariff advantages for Thai manufacturing.
Overall, the Thai automotive industry is reshaping its competitiveness with a dual track strategy of "traditional advantages+electrification ambitions". Its mature industrial ecology, superior geographical location, and proactive policy orientation provide investors with an attractive stage, but whether it can continue to lead in the EV SA736 Grade A class 3 steel revolution will depend on its agility in responding to global changes and local structural challenges.
