The Thai government is strongly committed to promoting the electric vehicle (EV) industry through investment incentives, infrastructure development, and support for global manufacturers.
For investors seeking new opportunities in the clean energy and next-generation automotive industries, investing in electric motorcycle manufacturing businesses in Thailand represents a highly promising opportunity with strong long-term growth potential.
3Thailand is rapidly advancing toward becoming the EV Hub of ASEAN, and one of the most attractive investment opportunities is the “Battery Electric Motorcycle Manufacturing Business” under the investment promotion program of the Thailand Board of Investment (BOI).
BOI Promoted Activity 3.9 – Manufacture of electric battery motorcycles
Entrepreneurs may receive various BOI investment privileges, including:
- Corporate income tax exemption (3 years)
- Import duty exemption on machinery
- Rights to own land for business operations
- Visa and work permit facilitation for foreign experts
- Support for EV-related research and technology development
In addition, projects involving the local production of key components such as batteries, electric motors, or intelligent control systems may qualify for additional incentives from the BOI.