Thailand: Potential For Mobility Transformation
New infrastructure projects, rapid growth in demand for electric vehicles and government policies create potential for a major transformation in Thailand’s mobility landscape.
Thailand’s commitment to new infrastructure projects and its growing vehicle manufacturing industry offer the potential to create a major transformation in mobility. Its determination to break through the middle-income trap – which has limited investment, slowed growth and restricted industrial diversification is likely to bring rapid development.
Thailand’s fast growing EV and electric cars industry is supported by government plans to make the country an EV hub. Continued close collaboration between the government, industry and consumers will be critical in shaping the country’s future mobility solutions. How will that happen?
Other key areas include increasing regulation of biofuels content for gasoline and diesel, growing demand for premium fuels with lower emissions, alternatives to battery-operated electric vehicles and the development of a government-led carbon pricing system.
Learn more about the future of transportation in Thailand.