The Thai government is aiming to convert half a million vehicles to run on compressed natural gas (CNG) by 2010, to help reduce the country’s dependence on oil.
There are currently 75,000 such vehicles on the road.
The target is equivalent to around 70% of all the new cars and trucks sold in Thailand last year.
The scheme would start with taxis and require the government to bring in tax incentives.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData