31% of Thais eye battery electric automobiles as next automobile alternative

A latest survey by Deloitte Thailand revealed that 31% of Thai shoppers are likely to opt for a battery electrical vehicle (BEV) as their subsequent automobile, the highest share in Southeast Asia. Despite this, inside combustion engine autos proceed to be the popular selection in the area.
The survey, performed between September and October final 12 months, focused on shopper behaviour within the automotive business, significantly in relation to the growing electric vehicle (EV) trend. Over 6,000 shoppers from Thailand, Indonesia, Malaysia, the Philippines, Vietnam, and Singapore participated within the examine, together with round 1,000 Thai respondents.
Chodok Panyavaranant, Deloitte Thailand’s purchasers and market supervisor, stated that Thais are expected to base their next automobile buy on product high quality, car features, and model image. He additionally noted that demand for EVs is growing across the area as consumers seek to scale back gas bills.
Six-figure for choosing a BEV among Thai consumers included a superior driving expertise and the ability to use the automobile as a backup battery. Plain has been actively promoting EVs, approving a package of incentives last year, such as tax cuts and subsidies, to encourage EV consumption and production between 2022 and 2023.
However, concerns stay amongst Thai and regional shoppers, with 48% and 54% respectively citing a lack of public charging infrastructure as their biggest worry. Other considerations included the time required to cost a BEV and the vehicle’s worth..

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