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Bangkok Post
Bangkok Post
Business

Several hurdles remain for local EV market

An EV model displayed at the 2021 Thailand International Motor Expo. (Photo: Varuth Hirunyatheb)

The lingering question following the launch of the government's electric vehicle (EV) incentive package earlier this year is whether lower prices will be able to attract prospective car buyers.

The government is betting these next-generation vehicles, which are kinder to the environment, will completely replace oil-powered cars, which have dominated the auto market for decades.

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