AI and EV Boom Draws $690 Million in Advanced Materials Investment Plans to Thailand

BANGKOK, THAILAND - Media OutReach Newswire - 24 October 2026 - Makers of the capacitors, magnets and battery materials inside AI servers and electric vehicles (EVs) are lining up to invest in Thailand. Since 2023, they have filed 35 advanced materials projects worth about $690 million (23.5 billion baht) with the Thailand Board of Investment (BOI), the government's investment promotion agency. Surging demand for AI, EVs, and clean energy is pushing global suppliers to build upstream capacity i

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