Global average EV prices (about US$37,000) are now below hybrids (about US$39,000), per Mobility Global, as battery pack costs fell roughly 37% over 2020–2025 per BloombergNEF. Chinese exports rose to 1.64 million vehicles in 2025, and BYD and Great Wall now have Thai plants. Fuel prices rising after Middle East tensions are also pushing buyers toward EVs. For a Thai SME, this matters mainly if you run a fleet, deliver goods, or sell or service vehicles: EV total-cost comparisons and charging needs are worth reviewing this year. No direct change to Thai tax, rates or rules is reported.