The requirement is in line with government efforts to maintain Thailand as a regional auto hub, said Mr Arkhom. The price subsidy measure will also be launched next year to support consumers wanting to buy full EVs, he said. For the price subsidy, the money will be drawn from the existing fund for promoting the country's competitiveness, he said. Mr Arkhom said many foreign car makers, such as US firms, are keen to produce EVs in Thailand. Thailand plans to support EV production throughout the supply chain, including the production of car bodies, batteries and spare parts, he said.

Source: Bangkok Post December 16, 2021 19:15 UTC