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The Thai government's green energy project has sparked concerns about agricultural land justice, with some villagers protesting forced land acquisition.

Thailand's EV Board approved two new stimulus measures on Feb. 21to boost local production of vehicle batteries and energy storage systems, as well as promote the development of electric buses and trucks.

Thailand’s new power development plan is expected to be finalized by Q2 and will focus more on renewable energy. The final decision on whether to include nuclear power as part of the alternative energy mix will be made by the minister.

German President Frank-Walter Steinmeier visited Thailand from January 24th to 26th and met with Prime Minister Srettha Thavisin. Both sides pledged to strengthen trade cooperation and expand investment in clean energy and EV.

The electric vehicle (EV) market in Southeast Asia is undergoing rapid expansion, with Ernst & Young Global Limited forecasting that annual EV sales in the ASEAN six countries could reach 8.5 million units by 2035.

The Thai Ministry of Industry is currently amending the Factory Act, and starting as early as this year, rooftop solar installations with a capacity exceeding 1MW will no longer require obtaining a factory license.

The public hearing on the Energy Ministry’s Utility Green Tariff (UGT) project is expected to be held this month, with the tariff anticipated to be implemented in February, as announced by Thailand’s Energy Minister Pirapan Salirathavibhaga on Jan 15.

Thailand is preparing to join the league of countries implementing a carbon tax. Ministry of Finance revealed that the department has been collaborating with both domestic and international organizations to draft carbon tax regulations.

To develop electric vehicle industry, Thailand is not only offering subsidies to increase incentives but also, according to the Minister of Industry, Pimpatra Wichaikul, has urged the DPIM to expedite for lithium ore sources.

Electric vehicle sales in Thailand have seen significant growth this year. Thai government approved a drawn down subsidy package last Wednesday. Starting from next year and ending in 2027.