Thailand’s electric vehicle (EV) industry is entering a pivotal new phase. On 25 November 2025, the National Electric Vehicle Policy Board—chaired by the Deputy Prime Minister and Minister of Finance—approved several strategic updates to the EV 3.0 and EV 3.5 incentive schemes. These changes aim to balance rapid EV adoption with long‑term industrial sustainability, ensuring Thailand remains competitive as a global EV manufacturing hub.
