Assessment of the Electric Vehicle (EV) Landscape in Thailand, 2018-2025, Featuring Profiles of FOMM and Mine Mobility

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Jan 22, 2020, 06:49 ET

DUBLIN, Jan. 22, 2020 /PRNewswire/ -- The "Assessment of the Electric Vehicle (EV) Landscape in Thailand, 2018-2025" report has been added to ResearchAndMarkets.com's offering.

Looking ahead, the Thailand EV market is expected to grow at a CAGR of 21.6% from 2018 to 2025. The Total Industry Volume (TIV) is expected to reach 34,603 units in 2025 compared to 8,802 units in 2018.

The aim of this study is to evaluate the electric vehicle market in Thailand. The study focuses on the incentives offered by the government to promote the manufacturing and sales of EVs. It also describes factors that drive and restrain market growth and provides existing key trends in the market.

In 2018, the penetration of electric vehicles, including Plug-In Electric Vehicles (PHEVs) and Battery Electric Vehicles (BEVs) in the total auto sales in Thailand was less than 1%. For instance, there were only 57 units of BEVs and 8,745 units of PHEVs were sold.

PHEVs in the Thai market are premium vehicles and there are no mass-market models available presently. Some key models include BMW 330e, 530e, Mercedes C300e, S560e, Porsche Cayenne E-Hybrid, Porsche Panamera SE- Hybrid, and Volvo XC60, S90, and XC90. BYD and Hyundai are presently the market leaders in terms of BEV sales in Thailand. Participants that have recently entered into the BEV space in Thailand are Audi, Nissan, MG Motors, and Jaguar.

Urbanization, change in vehicle ownership, autonomous driving developments, EVs, and Thailand 4.0 are some Mega Trends in the automotive industry in Thailand. Urbanization will drive economic growth in secondary cities of Thailand and will help narrow down the income gap between rural and urban cities.

Key Features

To provide a strategic overview of the electric vehicle market, encompassing BEVs and PHEVs, in Thailand
To analyze the supply- and demand-side scenario, key perks, and benefits offered by the government
To quantify the market in terms of size, i.e., the number of vehicles sold by category and forecast
To identify market trends, such as new product launches, strategic alliances, and collaborative services
To evaluate the growth opportunities for stakeholders
To identify new business models emerging in the electric vehicle ecosystem

Key Issues Addressed

What are the current and future market trends of the electric vehicle market in Thailand?
How will the market transform in 2019, in terms of the geographic growth?
What are the current and future market trends in the electric vehicle charging infrastructure market?
Which models are likely to be launched in the next 2 to 3 years?
What are the incentives available on the purchase and manufacture of electric vehicles in Thailand, and how will they impact the sales of an electric vehicle in the country?

Key Topics Covered

Executive Summary

Executive Summary - Market Engineering Measurements

Research Scope, Objectives, Background, and Methodology

Research Scope
Research Aims and Objectives
What is an Electric Vehicle?
Key Questions this Study Will Answer
Research Background
Research Methodology

Market Drivers and Restraints

Market Drivers
Market Restraints

Thailand Market Overview

Mega Trends in Thailand
Thailand Macro-economic Overview
Thailand Automotive Production Overview
TIV (Sales) Trends - 2014 to 2018
CO2 Emissions in Transport Sector
CO2 Emissions Per Capita

Thailand EV Market Overview

Key Challenges
Key Government Measures

EV Policy Landscape

Global EV Promotion Policies and Measures - Demand Perspective
Global EV Promotion Policies and Measures - Supply Perspective
EV Policy Landscape in Thailand
EV Charging Consortium
BOI EV Incentives and Packages
BOI EV Incentives and Packages Applications
Expected BOI EV Incentives and Packages Approvals in Short Term
BOI Incentives and Packages - Key OEMs Announcements
Other EV Participants in the Thai Market

EV Market Measurements in Thailand

EV Market Overview
PHEV Market Overview - Market Size and Key Participants
PHEV Market Overview - Key Models
BEV Market Overview - Market Size and Key Participants
BEV Market Overview - Key Models

Overview of EV Charging Infrastructure in Thailand

EV Charging Infrastructure Overview - Market Size and Key Participants
EV Charging Infrastructure - Types of EV Chargers
EV Charging Infrastructure - Market Share
EV Charging Infrastructure Business Model in Thailand
Key Partnerships in EV Charging Infrastructure

Key Trends

Key Trends in the Electric Vehicle Market

Future Outlook

Forecasts and Trends - Market Engineering Measurements
Thailand EV Sales Long-term Forecast
Forecasts and Trends - Forecast Scenario Assumptions
Thailand EV Sales Near-term Forecast
Thailand Electric Vehicle Market - Future Outlook

Company Profiles of Key Participants

FOMM - Company Overview
FOMM - Product Description and Features
FOMM - Key Collaborations/Investments and Commercial Performance
Mine Mobility - Company Overview
Mine Mobility - Product Description and Features
Mine Mobility - Key Highlights/Collaborations

EV Trends - Global and ASEAN Outlook

Global Trends
ASEAN Market Opportunity
ASEAN EV Imperative
Policy Landscape - Overview
Policy Intent
Challenge
Perspectives for ASEAN

Growth Opportunities and Strategic Imperatives

Growth Opportunity 1 - Opportunities for New Entrants
Growth Opportunity 2 - EV Adoption in Shared Mobility
Strategic Imperatives for Success and Growth

The Last Word

The Last Word - 3 Big Predictions

For more information about this report visit https://www.researchandmarkets.com/r/hx2eay

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