{"id":100929,"date":"2026-02-24T08:59:00","date_gmt":"2026-02-24T11:59:00","guid":{"rendered":"https:\/\/automotive.einnews.com\/article\/895055788"},"modified":"2026-02-24T08:59:00","modified_gmt":"2026-02-24T11:59:00","slug":"thai-automotive-market-surges-53-as-ev-deliveries-hit-top-gear","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/24\/thai-automotive-market-surges-53-as-ev-deliveries-hit-top-gear\/","title":{"rendered":"Thai Automotive Market Surges 53% as EV Deliveries Hit Top Gear"},"content":{"rendered":"
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Passenger car and SUV sales skyrocket on the back of government EV subsidies, while the struggling pickup sector awaits a stimulus from the new government.<\/strong><\/em><\/p>\n

The Thai automotive industry has kickstarted the “Year of the Horse” with a remarkable 53.77% surge in year-on-year sales for January 2026. <\/p>\n

The growth was primarily propelled by a record-breaking influx of electric vehicle (EV) deliveries, though the heavy-duty pickup sector continues to flounder amidst tightening credit conditions.<\/p>\n

According to data released on Tuesday by the Automotive Industry Club of the Federation of Thai Industries (FTI), domestic vehicle sales reached 73,936 units. <\/p>\n

The spike is attributed to the final delivery phase of the government\u2019s \u2018EV 3.0\u2019 subsidy scheme and the transition into \u2018EV 3.5\u2019, which mandates a 2:1 domestic production offset. This regulatory push saw sales in the passenger car and SUV segments soar by 76.2% and 93.6% respectively.<\/p>\n

In stark contrast to the electric boom, the pickup truck market\u2014traditionally the backbone of the Thai economy\u2014contracted by 5.5%. Industry analysts point to a “perfect storm”<\/strong> of sluggish domestic growth and diminished consumer purchasing power.
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<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… the new government. \u00c2\u00a0 \u00c2\u00a0 The Thai automotive<\/span> industry has kickstarted the … released on Tuesday by the Automotive<\/span> Industry Club of the Federation …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-100929","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/100929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=100929"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/100929\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=100929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=100929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=100929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}