Thai Vehicle Sales Increase 7% in March 2026
Thailand's vehicle sales rose 7% in March 2026 to 59,865 units, driven by strong sales of electrified vehicles. The market is recovering after two years of decline, with battery electric vehicle (BEV) sales surging by 48% and hybrid electric vehicle (HEV) sales increasing by 24%. The first quarter of 2026 saw a 19% increase in domestic vehicle sales.
Topics: electric vehicles market recovery Thai automotive industry vehicle sales