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Bangkok Post

Business

High momentum of EV growth

FTI Thailand BYD Surapong Paisitpatanapong electric vehicle Tesla Inc.

An electric vehicle charges at the latest edition of Motor Expo held in Bangkok. Pattarapong Chatpattarasill

Thailand's electric vehicle (EV) market will continue to gain momentum in 2023, with sales expected to reach between 25,000 and 35,000 units, says the Federation of Thai Industries (FTI).

But whether the target will be attained depends on the availability of semiconductors which have become scarce worldwide, affecting the automotive industry.

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