Thai Honda Launches First Locally Produced EV 'UC3' as Thailand's Motorcycle Market Reaches 1.73 Million Units

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Honda Thailand has launched its first locally produced electric motorcycle, the UC3. It uses a fixed LFP battery, offering a range of 122km per charge, and will supply both the Thai and Vietnamese markets. Thailand's motorcycle market stood at about 1.73 million units last year, but a slight decline is expected this year amid household debt and a slowing economy, with electrification seen as the next growth driver.