Thailand is a key automotive player in Southeast Asia
Thailand is one of Southeast Asia’s key automotive manufacturing hubs, producing 1.8 million cars, commercial vehicles and buses, plus two million motorcycles in 2023. Over the past few decades, the industry has seen significant growth, driven by both domestic demand and a strong export market. The Thai government has recently set out an ambitious target through its 30@30 policy, aiming for 30% of all vehicles produced to be electric by 2030.
SMMT’s report outlines the opportunity areas for UK businesses
SMMT’s report is designed for UK companies wanting to better understand Thailand’s automotive sector and see if the country offers an opportunity for their business.
The report includes an overview of Thai vehicle production and market, including cars, trucks, motorcycles and parts. An overview of automotive technology, R&D and charging infrastructure, policy for automotive and EVs, concluding with opportunity areas and things to consider for UK firms.
