The ongoing investigation and the resulting customer dissatisfaction pose significant challenges for BYD as it seeks to maintain and expand its market presence in Thailand.

Thailand targets specific sectors for workforce development, including 80,000 individuals in semiconductors and 150,000 in electric vehicles.

The incentives package is designed to support companies in their transition towards net-zero emissions by offering special tax deductions to eligible entities.

The National Electric Vehicle Policy Committee has given its nod to these revised incentives.