- Japanese automaker Isuzu Motors plans to use Thailand as a production base for electric vehicles.
- Thailand is a regional auto assembly and export hub, which Japanese car company brands have long dominated.
A Thai government spokesperson has stated that Japanese automaker Isuzu Motors plans to use Thailand as a production base for an electric version of its D-MAX pickup truck, with a plan to start exports next year.
Also, Chai Wacharonke said the firm plans to invest 1 trillion yen ($6.62 billion) in research and development by 2030, including in a testing centre.
Chai said that the electric D-MAX will be exported from Thailand in 2025 to countries like Norway, Britain, Australia, and others.
According to its website, Isuzu will unveil the first electric D-MAX pickup truck at the Bangkok International Motor Show next week.
Thailand is a regional auto assembly and export hub, and Japanese brands like Toyota Motors and Honda Motor have long dominated it.
Also, automakers, led by Chinese brands, are rushing to build EV facilities in Southeast Asia’s second-largest economy.
It has drawn 1.4 billion worth of investment from Chinese automakers like BYD and Great Wall Motor to build production facilities.
Furthermore, the country offers incentives, tax breaks and other measures to boost EV production and convert 30% of its annual production of 2.5 million vehicles into EVs by 2030.