THAILAND

FOMM Asia first to win BoI perks to make battery EVs

Business, Piyachart Maikaew, Published on 10/10/2018

» Thai-Japan joint venture FOMM Asia Co is the first carmaker under the government's electric vehicle (EV) scheme to win Board of Investment (BoI) incentives to manufacture battery EVs, as other makers have joined hybrid and plug-in hybrid EV schemes.