TTA Group Opens Electric Motorcycle Production Base in Thailand, Plans 10,000 Units/Year in Phase 1

Local production of EV two-wheelers spreading across Southeast Asia should push prices down and support adoption.

Are there other manufacturers doing local electric motorcycle production in Thailand too?

I think TTA Group was originally a conglomerate in shipping and energy, and now it's expanded into motorcycle production too.

NIU starting local production in Thailand makes sense once you factor in import tariffs and logistics costs.

A first-phase scale of 10,000 units a year suggests it's an investment premised on gradual future expansion.