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Thailand's EV sales forecast to rise 40% in 2025, driven by subsidies, local production, and Chinese investment.
Thailand's electric vehicle (EV) sales are forecast to rise by 40% in 2025, driven by government subsidies and local production mandates.
Chinese automakers like BYD and Great Wall Motor have invested heavily, offering affordable EV models tailored for Thailand.
This surge has intensified competition, with Japanese manufacturers responding by expanding their EV offerings.
Meanwhile, Rever Automotive, the Thai distributor of BYD cars, is offering free charging for about 50,000 past customers to address recent price cuts that upset many buyers.
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Las ventas de EV de Tailandia prevén un aumento del 40% en 2025, impulsado por subsidios, producción local e inversión china.