Thailand Automotive Industry: Development and Challenges

บทคัดย่อ

Thailand's automotive industry began in the early 1960s and has since become the largest automotive producer in Southeast Asia. The growth of Thailand's automotive industry is primarily attributed to foreign direct investments (FDI) and the relocation of production facilities from Japan. Thailand's investment policies, including strategies like tax reductions, have successfully attracted foreign investments.

          The automotive industry is undergoing a significant transformation worldwide, with a growing emphasis on electric vehicles (EVs) and advanced technologies. As a result, tax reduction policies may no longer be sufficient to support Thailand's automotive industrial development. Instead, it is crucial to focus on innovation and technology to adapt to this changing landscape. To maintain its competitive edge in the automotive industry, the Thai government needs to reconsider its investment and industry development policies in light of this transition.

          This paper examines the recent developments in Thailand's automotive industry, with a specific emphasis on the car sector. It analyzes the policies introduced and implemented in response to global trends. Results, the success of Thailand's ambitious EV program depends on how these challenges—high competition in the EV market in the region, lack of its own production technology, scarcity of local minerals for battery production, and unclear regulations—can be overcome.