Thailand plans to offer investment benefits to hybrid car makers by lowering excise taxes from 2028 to 2032, with the goal of attracting 50 billion baht in investments and strengthening domestic component manufacturing. Thailand's advantageous location in Southeast Asia makes it an appealing choice for companies seeking to invest in the manufacturing of hybrid vehicles.

Due to its strong infrastructure, talented workforce, and supportive government policies, the nation is positioned to emerge as a central hub for the fast-developing automotive industry. The Thai government has put in place various financial benefits to encourage the advancement of hybrid vehicle technologies, facilitating the establishment of production facilities and the initiation of research and development projects for companies.

One important motivation for manufacturers is the Board of Investment (BOI) promotion scheme, which provides tax breaks, lower import tariffs for equipment, and financial assistance for investments. This program allows companies to achieve substantial cost reductions in both their initial setup and operational costs. Furthermore, the government has implemented strategies to bolster the growth of electric vehicle charging stations and enhance the supply chains for hybrid vehicle parts, thus expanding the ecosystem. These favorable policies provide a special chance for both foreign and local investors to work together and create advanced hybrid vehicle solutions.