What share of electrified vehicles were HEVs versus BEVs in 2025?

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Electrified Vehicle Market Share in Thailand in 2025

In 2025, hybrid electric vehicles (HEVs) constituted 21.8% of all new vehicle registrations in Thailand, while battery electric vehicles (BEVs) accounted for 19.6%. Cumulatively, these electrified vehicles represented over 40% of the total new vehicle registrations in the country during that year.
Hybrid Electric Vehicle Market Share

Hybrid electric vehicles, encompassing both HEVs and plug-in hybrid electric vehicles (PHEVs), captured a significant portion of Thailand's new vehicle market in 2025. This segment saw combined investments of approximately 39.3 billion baht across 14 projects, leveraging established hybrid technologies.
Battery Electric Vehicle Market Share

Battery electric vehicles (BEVs) also demonstrated strong growth in 2025, making up 19.6% of new vehicle registrations. The investment in BEV production within Thailand reached $1.18 billion across 18 projects, aiming for an annual domestic production capacity exceeding 370,000 units.
Overall Electrified Vehicle Adoption

The combined uptake of HEVs and BEVs highlights Thailand's increasing embrace of electric mobility. This trend is supported by a policy framework that encourages investment across all major propulsion technologies, fostering a comprehensive transition within the automotive sector.
Investment in Electrified Vehicle Technologies

The substantial investments secured by Thailand, totalling over $4.1 billion, underscore the nation's commitment to becoming a regional automotive manufacturing hub. This capital injection spans the entire EV ecosystem, from battery manufacturing and critical components to charging infrastructure, demonstrating a strategic approach to supply chain development.

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What share of electrified vehicles were HEVs versus BEVs in 2025?

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