31% of Thais eye battery electrical vehicles as next automobile alternative

A recent survey by Deloitte Thailand revealed that 31% of Thai shoppers are likely to opt for a battery electric car (BEV) as their subsequent automobile, the best share in Southeast Asia. Despite this, internal combustion engine vehicles proceed to be the popular alternative in the area.
The survey, carried out between September and October last year, centered on client behaviour in the automotive industry, particularly in relation to the growing electrical automobile (EV) trend. Over 6,000 consumers from Thailand, Indonesia, Malaysia, the Philippines, Vietnam, and Singapore participated within the research, together with around 1,000 Thai respondents.
Chodok Panyavaranant, Deloitte Thailand’s shoppers and market supervisor, said that Thais are anticipated to base their subsequent vehicle buy on product high quality, vehicle features, and model picture. He also famous that demand for EVs is rising throughout the area as shoppers search to scale back gasoline bills.
The primary cause for choosing a BEV amongst Thai consumers included a superior driving expertise and the flexibility to make use of the car as a backup battery. The Thai government has been actively selling EVs, approving a bundle of incentives final year, corresponding to tax cuts and subsidies, to encourage EV consumption and manufacturing between 2022 and 2023.
However, Swipe remain among Thai and regional customers, with 48% and 54% respectively citing a lack of public charging infrastructure as their largest fear. Other issues included the time required to cost a BEV and the vehicle’s value..

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