KPMG – Outlook for Thailand’s Electric Vehicle Industry, Aug 2025

The main theme of the report is the outlook for the electric vehicle industry in Thailand.

Key findings include the expectation of significant growth in Thailand's electric vehicle industry, driven by supportive government policies, increasing consumer demand, and rising foreign investments, particularly from Chinese original equipment manufacturers (OEMs). Battery electric vehicle (BEV) sales are projected to grow at a compound annual growth rate (CAGR) of 17.7%, reaching 290,000 units by 2030, accounting for about 29% of total car sales. The main growth drivers include supportive regulatory policies, a developed automotive ecosystem, and Thailand's strategic geographic location.