31% of Thais eye battery electric autos as next automotive selection

A current survey by Deloitte Thailand revealed that 31% of Thai shoppers are more doubtless to go for a battery electrical automobile (BEV) as their next car, the best proportion in Southeast Asia. Despite this, inner combustion engine automobiles proceed to be the preferred selection within the area.
The survey, carried out between September and October final 12 months, focused on shopper behaviour in the automotive trade, notably in relation to the rising electrical automobile (EV) trend. Over Greatest from Thailand, Indonesia, Malaysia, the Philippines, Vietnam, and Singapore participated in the examine, together with around 1,000 Thai respondents.
Chodok Panyavaranant, Deloitte Thailand’s clients and market manager, acknowledged that Thais are anticipated to base their subsequent automobile buy on product high quality, automobile features, and brand picture. He also famous that demand for EVs is rising across the region as consumers search to reduce fuel expenses.
The major reason for choosing a BEV amongst Thai consumers included a superior driving experience and the flexibility to use the car as a backup battery. The Thai authorities has been actively promoting EVs, approving a package of incentives final yr, similar to tax cuts and subsidies, to encourage EV consumption and manufacturing between 2022 and 2023.
However, issues stay among Thai and regional shoppers, with 48% and 54% respectively citing a scarcity of public charging infrastructure as their greatest fear. Other considerations included the time required to charge a BEV and the vehicle’s price..

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