EQS NEWSWIRE : THAILAND BOARD OF INVESTMENT ( BOI ): AI AND EV BOOM DRAWS $690 MILLION IN ADVANCED MATERIALS INVESTMENT PLANS TO THAILAND

What happened: The Thailand Board of Investment said makers of capacitors, magnets and battery materials have filed 35 advanced materials projects since 2023, as AI and EV demand pushes suppliers to build upstream capacity in the country. Key numbers: About $690 million (23.5 billion baht) across 35 projects filed through the first half of 2026. Why it matters: The BOI frames the projects as a shift for Thailand from downstream assembly toward higher-value materials production, reducing reliance on imports and letting Thai companies join higher-value supply chains.

The Thailand Board of Investment said makers of capacitors, magnets and battery materials have filed 35 advanced materials projects since 2023, as AI and EV demand pushes suppliers to build upstream capacity in the country.

The BOI frames the projects as a shift for Thailand from downstream assembly toward higher-value materials production, reducing reliance on imports and letting Thai companies join higher-value supply chains.