Loading...
Market
What will be the major market for Hyundai's EVs produced in Thailand by December 31, 2025?
2
Thailand•South Korean•Hyundai•Thai Board of Investment•Hyundai Mobility Manufacturing•Narit Therdsteerasukdi•Board of Investment
Resolution / Starting Odds
Thailand • 25%
ASEAN countries • 25%
Europe • 25%
Other • 25%
Official sales data from Hyundai
Story
Thailand Approves Hyundai's $28 Million EV Investment
Aug 7, 2024, 04:08 AM
Thailand has approved a significant investment from South Korean automaker Hyundai, valued at 1 billion baht ($28 million), to establish an electric vehicle (EV) production facility. The investment, confirmed by the Thai Board of Investment, will enable Hyundai Mobility Manufacturing (Thailand) to produce EVs and batteries in the country. Narit Therdsteerasukdi, Secretary General of the Board of Investment, announced the approval, marking a substantial step in Thailand's efforts to boost its EV manufacturing capabilities.
View original story
Similar markets
Indonesia • 25%
Vietnam • 25%
Malaysia • 25%
Other • 25%
Turkey • 25%
European Union • 25%
Middle East • 25%
Other • 25%
Focus more on hybrid vehicles • 25%
Focus more on electric vehicles • 25%
Maintain a balanced focus on both • 25%
Other • 25%
Less than 40% • 25%
40% to 45% • 25%
45% to 50% • 25%
More than 50% • 25%
Vietnam • 25%
Malaysia • 25%
Indonesia • 25%
Philippines • 25%
BYD • 25%
Toyota • 25%
Tesla • 25%
Other • 25%
United States • 25%
South Korea • 25%
Europe • 25%
Other • 25%
0-25% • 25%
26-50% • 25%
51-75% • 25%
76-100% • 25%
Brazil • 25%
South America (excluding Brazil) • 25%
North America • 25%
Europe • 25%
Yes • 50%
No • 50%
North America • 25%
Europe • 25%
Asia • 25%
Other • 25%