After meeting with Toyota executives, Thai Prime Minister Srettha Thavisin said that Thailand will cooperate with Toyota Motor Corporation to develop the country’s electric vehicle industry.
“Toyota said it sees potential in Thailand’s automotive manufacturing industry, especially in pickup trucks and environmentally friendly vehicles,” the Thai government said in a statement.
It is noticed that Toyota plans to trial its first electric pickup truck in Thailand. This is Toyota’s new attempt in Thailand to increase the sales of electric vehicles in the country.
By 2030, Thailand aims to convert a third of its annual production of 2.5 million vehicles to electric vehicles.
Separately, the Thai government recently launched a three-year tax break for automakers investing in automation and robotics, after last week reducing consumer subsidies for buying electric vehicles.
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