Wednesday, April 8, 2026
Economy

Thailand Emerges as Southeast Asia's Leading EV Manufacturing Hub

Thailand has solidified its position as the top electric vehicle manufacturing hub in Southeast Asia, with major Chinese and Japanese automakers expanding production facilities. The Board of Investment reported a 340% increase in EV-related investment applications in the first quarter. New factories in the Eastern Economic Corridor are expected to produce over 200,000 electric vehicles annually by 2027.