Nov 17, 2023
Global Electric Vehicle Usage Surges, China Leads in Sales
The global trend of electric vehicle (EV) usage is surging, with the International Energy Agency predicting a 35% growth in total EV sales by next year. China had the highest number of EVs sold worldwide last year, accounting for 58% of total sales. In Thailand, the registration of battery electric vehicles (BEVs) has seen a 300% growth compared to the previous year. The Thai government aims to increase the production rate of Zero Emission Vehicles (ZEVs) to 30% by the end of the decade and has approved measures to reduce import duty and excise tax rates for EVs.