On Thursday, Thailand’s new Prime Minister, Srettha Thavisin said he had met with Elon Musk, billionaire CEO of Tesla Motors, in New York, and together they had discussed the electric vehicle industry.
As Asia’s fourth-largest automobile assembly hub, Thailand has sought to remain a regional hub of automotive manufacture by offering incentives to EV and battery makers, as well as tax cuts to local EV buyers.
In New York to attend the United Nations General Assembly, Srettha said he and Musk discussed Automaker Tesla Motors, and the rocket and satellite company SpaceX, as well as his satellite internet service Starlink.
On the messaging platform X, formerly known as Twitter, Srettha posted, “We look forward to further discussions.”
Automakers who have manufacturing facilities in Thailand include Toyota and Honda. Every year the nation produces a total of about 1.5 million to 2 million vehicles, with about half being exported.
In Southeast Asia, EVs have gradually been gaining in popularity, in a market which is dominated by Japanese carmakers.
In the region, about 6.4% of all passenger car sales were Electric Vehicles in the second quarter, which was an increase compared to the 3.8% in the first quarter, according to market data from Counterpoint Research.
Roughly half of all regional sales of EVs are from Thailand, with Vietnam and Indonesia in following behind. Chinese carmakers like BYD lead in the numbers by a substantial margin however.
Also popular in Thailand, Tesla launched new models in the expanding market last year.
Counterpoint data shows that Southeast Asia was responsible for under 1% of the global sales of Tesla.