- Thailand EV Investment Promotion reached THB 137 billion investments.
- Charging infrastructure supports over 22,900 nationwide EV chargers.
Thailand's Board of Investment (BOI) announced that approved investment promotion projects for the country's electrified mobility industry reached THB 137 billion across 198 projects as of May 2026. The figures were presented during the International Electric Vehicle Technology Conference and Exhibition (iEVTech) 2026 held in Bangkok on July 1. The approved investments span electric passenger vehicles, motorcycles, batteries, major EV components, and nationwide charging and battery-swapping infrastructure, reflecting continued expansion of Thailand's electric mobility ecosystem.
Thailand's Electrified Mobility Investment Breakdown
The approved projects cover multiple segments of the electric vehicle value chain. Investments include THB 39.5 billion across 18 battery electric vehicle manufacturing projects, THB 29.9 billion for seven hybrid electric vehicle projects, THB 9.429 billion for seven plug-in hybrid vehicle projects, and THB 3.1 billion across 18 projects involving electric buses, electric motorcycles, and other e-mobility solutions. Additional funding also supports batteries, energy storage systems, components, and charging infrastructure.
Approved Investment Projects by Category
| Category | Investment | Projects |
|---|---|---|
| BEV Manufacturing | THB 39.5 Billion | 18 |
| HEV Manufacturing | THB 29.9 Billion | 7 |
| PHEV Manufacturing | THB 9.429 Billion | 7 |
| Other E-Mobility | THB 3.1 Billion | 18 |
| Battery and ESS | THB 33.5 Billion | 57 |
| Key EV Components | THB 12.5 Billion | 49 |
| Charging & Battery Swapping | THB 9.788 Billion | 42 |
Charging Infrastructure Expansion
The charging and battery-swapping segment accounts for THB 9.788 billion across 42 approved projects. These investments support the installation of more than 22,900 EV chargers throughout Thailand, including over 10,000 fast chargers. The expansion is expected to strengthen nationwide charging accessibility while supporting broader electric vehicle adoption and enhancing the country's charging ecosystem.
Automakers Expand Local EV Production
According to the BOI, most battery electric vehicle manufacturers that received investment promotion during the past three to four years have already started local production. These include Mercedes-Benz, Great Wall Motor, SAIC Motor-CP, BYD, GAC Aion, and Changan. In 2026, BMW, Hyundai Mobility, and OMODA & JAECOO also commenced BEV production. Collectively, these manufacturers employ more than 16,000 people in Thailand.
Frequently Asked Questions
How much EV investment has Thailand approved as of May 2026?
Thailand's Board of Investment approved investment promotion projects worth THB 137 billion across 198 electrified mobility projects by May 2026. These projects include battery electric vehicles, hybrid vehicles, plug-in hybrids, batteries, energy storage systems, EV components, and charging infrastructure. The investments also support nationwide charging expansion and increasing domestic electric vehicle manufacturing capacity while strengthening employment and the country's broader electric mobility ecosystem.
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