Electric cars attract attention at the 2022 International Auto Show in Thailand

Electric cars are becoming the focus of attention for thousands of attendees at the 2022 Bangkok International Auto Show, taking place from March 23 to April 3 in Thailand, in the context of soaring gasoline prices.

Thailand, like most other countries in Southeast Asia, is just at the "starting line" in the race to develop electric vehicles, but the demand for electric vehicles in this country has begun to increase, especially with Cheap car models from Chinese manufacturers.

Gasoline prices in Thailand have increased by 50% compared to last year, leading to concerns about costs that make many people tend to switch to using electric cars. Many Thai people believe that electric cars will be a cost-saving solution in the long run. 

According to Mr. Michael Chong - senior manager of Chinese automobile manufacturing company Great Wall Motor, Thailand branch, worries about rising gasoline prices combined with the appearance of affordable electric car models on the market will help promote the use of environmentally friendly vehicles.

This year's international auto exhibition is also the first exhibition since the Thai Government decided to subsidize some car models by 15% to encourage the consumption and production of electric vehicles in the country. 

Promoting domestic demand for electric vehicles is an important part of the Thai Government's strategy to maintain its position as a major automobile manufacturing country in the region. The Thai government aims to reach 2030 electric vehicles per year by 725.000, equivalent to 30% of total automobile production of all types.

Thailand is the fourth largest automobile assembly and export center in Asia, with large factories of Toyota and Honda corporations. Thailand's state-owned energy company PTT Pcl recently cooperated with Taiwanese company Foxconn (China) to produce electric vehicles for the Thai market in 4. Great Wall Motor also plans to produce electric vehicles in Thailand for a period of two years.

The demand for electric vehicles in Thailand is increasing. Last year, the number of newly registered electric cars doubled to about 4.000.

According to Tuoi Tre Online