Thailand’s automotive sector reported 10.32% year-on-year production growth in May 2025, breaking a 21-month downward trend. Monthly vehicle output reached 139,186 units, up 33.51% from April. The rise was fuelled by significant increases in battery electric cars (BEVs) and plug-in hybrid electric vehicles (PHEVs).
The production of BEVs increased by 641.16% year-on-year, while PHEV output increased by 130.49%. Passenger car production for domestic sales increased by 63.88%, while pickup passenger vehicle output increased by 138.65%. However, overall output in the first five months of 2025 declined 7.82% to 594,492 units, compared to the same period last year.
In May, exports accounted for 62.72% of total output, at 87,297 units, a 1.70% decrease year-on-year. Finished vehicle exports in May totalled 81,071 units, a 9.20% decrease year-on-year but a 23.34% increase from April. HEV exports rose 17.48%.
Domestic car sales in May reached 52,229 units, increasing 4.73% year-on-year. BEV and PHEV sales increased by more than 100%, whereas pickup sales fell by 24.84% due to strict loan criteria and decreased consumer trust.
