Thailand is set to unveil a significant plan to accelerate the country's transition to electric vehicles. The government has proposed a $700 million investment to replace around 80,000 gas-powered vehicles with electric alternatives, a move aimed at reducing air pollution and greenhouse gas emissions in the densely populated nation. The ambitious project is expected to create new jobs and stimulate the growth of Thailand's growing EV industry, with local manufacturers and suppliers poised to benefit from the government's support. As Southeast Asia's second-largest economy looks to reduce its reliance on fossil fuels, Thailand's EV plan is seen as a crucial step towards a more sustainable future.
Thailand works on $700 million EV plan to replace 80,000 vehicles Reuters
