Thailand Board of Investment Approves 1.49 Billion Baht Toyota Hydrogen Fuel Cell Vehicle Production Facility
The Board of Investment has formally approved a 1.49 billion baht project by Toyota Motor Thailand to manufacture advanced hydrogen fuel cell electric pickups at its Ban Pho plant in Chachoengsao province. This strategic investment diversifies Thailand's next-generation automotive sector beyond battery electric vehicles, reinforcing the Eastern Economic Corridor as Southeast Asia's premier advanced manufacturing and green mobility hub.