BANGKOK (Bangkok Post) – The Thai Finance Ministry is set to present new support measures for plug-in hybrid electric vehicles (PHEVs) to the cabinet by April 2025. These measures, which are expected to take effect on January 1, 2026, aim to encourage the adoption...
Toyota Motor Corporation has announced plans to invest 55 billion baht (approximately $1.5 billion) in Thailand to expand hybrid vehicle production, according to Industry Minister Akanat Promphan. The investment will retool production lines to accommodate both internal combustion engines and battery-powered electric motors, underscoring...