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Honda becomes first Japanese carmaker to manufacture EV in Thailand
Honda aims to produce and sell at least 2 million electric vehicles globally by 2030, with plans to introduce battery electric vehicles (BEVs) in Thailand by 2024.
Honda has become the first Japanese carmaker to manufacture a fully electric vehicle (EV) in Thailand. The first e:N1 unit was produced in Honda’s factory in Prachinburi.
Key Takeaways
- Honda becomes the first Japanese carmaker to manufacture a fully electric vehicle in Thailand, reinforcing confidence in the country’s automotive industry.
- The Honda e:N1 will offer Thai car buyers an additional option in the electric vehicle market, alongside internal combustion engine and hybrid vehicles.
- As part of their goal to produce at least 2 million battery electric vehicles worldwide by 2030, Honda’s production of the e:N1 highlights their commitment to the growing demand for electric vehicles.
The market launch details for the Honda e:N1 will be announced in the first quarter of next year. The production of the electric SUV in Thailand highlights Honda’s confidence in the country’s automotive industry and aims to boost the industry’s value with the use of local parts and employment of local workers.
Honda plans to produce at least 2 million battery electric vehicles (BEVs) worldwide by 2030. The e:N1 is described as similar to Honda’s HR-V, but without an engine, and is expected to have a price tag of over 1.5 million baht.
The launch of the Honda e:N1 marks an important milestone for Honda and highlights their dedication to the Thai market and the automotive industry, both in terms of manufacturing and sourcing components locally.
The announcement was welcomed by the Thai government, which has been promoting the development of EVs as part of its national strategy to reduce greenhouse gas emissions and enhance energy security. The government has offered various incentives for EV manufacturers and consumers, such as tax breaks, low-interest loans, and subsidies. According to the Ministry of Energy, Thailand aims to have 1.2 million EVs on the road by 2036, accounting for 30% of the total car sales.
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