Thailand's Deputy Transport Minister presented a national EV conversion initiative targeting 7 categories of public and commercial vehicles—taxis, buses, motorcycles, tuk-tuks, trucks, and school vans—to reduce oil dependence and stabilize fares. The programme addresses aging fleets (some 30+ years old) through government-backed financing, projecting 244,000 tonnes of annual CO₂ reduction at 50% uptake and savings of 212 million litres of fuel yearly. This signals a major shift in Thailand's transport policy with direct implications for SMEs in logistics, public transport, and emerging EV supply chains.
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