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Thailand EV market
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Thailand approves budget for EV subsidy, offering buyers up to $3,000 per vehicle
The Thai cabinet has approved a budget allocation to fund a subsidy program's second phase, which offers electric vehicle buyers up to 100,000 baht (US$3,070) per vehicle.
China's BYD inaugurates first plant in Thailand as it expands reach into Southeast Asia
Chinese automaker BYD inaugurated its first electric vehicle plant in Thailand on Thursday, part of the company’s push into Southeast Asia while it also tackles wealthier markets in the U.S. and Europe.