Thailand Vehicle Production Rises in December 2025: FTI Data

On January 28, 2026, the Federation of Thai Industries reported that Thailand vehicle production reached 113,855 units in December, marking an 8.6% year-on-year increase. The improvement was primarily driven by higher battery electric vehicle output, which helped offset vehicle imports under government-backed EV support measures.

• Around 24% of Thailand vehicle production in December was absorbed by the domestic market, while exports accounted for the remaining 76%.

• Passenger vehicle manufacturing during the month included 16,560 hybrid electric vehicles and 10,714 battery electric vehicles, reflecting the growing contribution of electrified models to overall production volumes.

Thailand Vehicle Production Performance in Full-Year 2025
For the full year 2025, Thailand vehicle production declined marginally by 0.9% year-on-year but still exceeded the annual target, reaching 1,455,569 units. Passenger vehicle output comprised 214,317 HEVs and 70,914 BEVs, indicating continued structural growth in electrified vehicle manufacturing despite softer overall market conditions.
Vehicle Exports Supported by BEV Incentives
Vehicle exports rose 11.3% year-on-year in December to 84,963 units, supported by accelerated BEV shipments under the government EV support scheme. Under this program, each BEV produced for export is credited as 1.5 units of production to offset import obligations, encouraging higher export-oriented EV manufacturing.
However, exports of ICE passenger vehicles declined due to the discontinuation of certain models, leading to weaker shipments to Asia, Europe, and North America. In contrast, pickup truck exports increased to Australia and Oceania, the Middle East, Africa, and Central and South America. For the full year, vehicle exports totaled 935,750 units, down 8.2% year-on-year.
Domestic Vehicle Sales Show Strong December Growth
Domestic vehicle sales jumped 39.1% year-on-year in December to 75,121 units, broadly aligning with more than 75,000 vehicle bookings recorded at the December 2025 Motor Expo. The final month of EV 3.0 incentives supported higher EV registrations during the period.

• December passenger vehicle sales included 19,748 BEVs and 19,707 HEVs, while ICE pickup truck sales stood at 14,883 units.

Pickup demand remained subdued due to tight lending conditions, elevated household debt, and muted economic activity. For full-year 2025, domestic vehicle sales increased 8.5% year-on-year to 621,166 units, reinforcing the gradual recovery of Thailand’s automotive market.