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NNA Business News
NNA Business News
By Valaiporn Chalermlapvoraboon BANGKOK, NNA – After Thailand declared its ambition to become the regional EV production hub several years ago, the country is finally seeing good progress. In the first nine months of this year, 3.241 billion baht ($96.5 million) worth of electric-vehicle related investments were approved by Thailand’s Board of Investment. According to the BOI, 3 billion baht or the majority of the investments was for battery electric vehicle (BEV) production, followed by 120 million baht for plug-in hybrid (PHEV), and 121.6 million baht for hybrid electric vehicle (HEV). Other…