Part 9/12:
The 2024 Bangkok Motor Show attracted over 1.6 million visitors, with EVs accounting for more than one-third of the 53,000 units sold during the event. Government incentives have played a crucial role in this uptake. Launched last November, subsidies for EV buyers range from approximately $547 to nearly $3,000, depending on the vehicle and battery capacity. These measures have led to significant growth; registering nearly 62,000 EVs from October 2022 to March 2023—an increase of about 130%.