Thailand changes tack as EV revolution turns into a damp squib with warehouses full of unsold cars
With sales either falling or growth decelerating worldwide, it is becoming increasingly clear the all-electric EV car is not the groundbreaking game-changer that it was thought to be.
For instance, even China, which is pushing the technology, has just announced new incentives of up to ฿150,000 per car in an EV scrappage offer.
Yet it comes with the rate of growth decelerating in the communist country.
Even with that, there are still questions about sales data from China. In short, the trends being reported by Beijing do not match market trends now being reported worldwide.
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