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Toyota to invest THB 1.5 billion in Thailand for hydrogen Hilux production
Nation, 20 October '26Headlines 20 October '26
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Thailand's Board of Investment (BOI) has approved Toyota Motor Thailand's investment of THB 1.5 billion (US$ 44.4 million) to produce hydrogen fuel-cell electric pick-up trucks.
BOI Secretary-General Narit Therdsteerasukdi said the project would manufacture the new Hilux Fuel Cell Electric Vehicle (FCEV) at Ban Pho plant in Chachoengsao, marking the first production of hydrogen fuel-cell pick-up trucks in Thailand.
The project will have an annual production capacity of 3,000 vehicles, with operations scheduled to begin in December 2027. Initial production will be allocated entirely for export, particularly to Europe, Australia and New Zealand.
Thailand's role in Toyota's hydrogen strategy
Toyota will integrate its latest hydrogen fuel-cell technology into the existing Hilux production line in Thailand. Narit said the investment reflected Thailand's role in brand's global manufacturing network, particularly as a production and export base for the Hilux. He added that the country's automotive supply chain and workforce supported the adoption of clean-vehicle technologies.
The investment aligns with Thailand's strategy of maintaining automotive manufacturing operations across multiple technologies, including internal combustion engines, mild hybrids, hybrids, plug-in hybrids, battery electric vehicles and FCEVs. The strategy aims to support the country's carbon-neutrality and net-zero targets while maintaining an investment environment open to automakers from different countries and technology platforms.
"Toyota has continued to place confidence in Thailand throughout more than 60 years of investment," Narit said. He added that introducing hydrogen FCEV pick-up production in Thailand reflected continued cooperation with the country as automotive technologies and markets evolve.
The project would also create opportunities for workforce development, technology transfer and Thai parts suppliers seeking to participate in future automotive supply chains, he said.
Ban Pho plant to add FCEV production equipment
The company will manufacture the FCEV on the existing Hilux production line at its Ban Pho plant. The company plans to upgrade manufacturing processes and install additional workstations for key fuel-cell powertrain components, including hydrogen tanks, fuel cells, battery packs, electric motors and power-control systems. A hydrogen refuelling station will also be installed within the factory to support vehicle production and testing.
Toyota confirmed in 2025 that the new-generation Hilux would include an FCEV variant as part of its multi-pathway approach to carbon neutrality. Its introduction in Europe and Oceania is scheduled to begin in 2028.
Project to source THB 640 million worth of Thai parts annually
The project plans to source approximately THB 640 million worth of locally produced materials and components annually. These will include air-conditioning and cooling systems, seats, wheels and tyres, wiring harnesses and interior components.
The company also plans to develop domestic suppliers, particularly Thai companies, through technology and knowledge transfer covering manufacturing, quality control, safety, environmental management and human-resource development. The BOI expects these measures to help local suppliers meet FCEV production requirements and increase their opportunities to participate in global automotive supply chains.
Operates three vehicle plants in Thailand
Established in 1962, Toyota Motor Thailand operates three vehicle plants in Samrong, Gateway and Ban Pho. According to the company's latest information, the factories have a combined annual production capacity of approximately 770,000 vehicles, while Toyota employs more than 13,000 people in Thailand.
The company uses Thailand as a production and export base, particularly for pick-up trucks. The hydrogen Hilux project forms part of multi-pathway strategy, which involves selecting powertrain technologies according to energy conditions, infrastructure availability and customer requirements in individual markets.
BOI supports more than 200 EV projects
As of September 2026, the BOI had approved investment promotion for 203 projects across Thailand's electric-vehicle sector, with combined investments exceeding THB 141 billion. These projects cover mild hybrids, hybrids, plug-in hybrids, battery electric vehicles and FCEVs, as well as batteries, key components and supporting infrastructure.
Narit said the projects covered multiple automotive technologies rather than relying on a single type of powertrain. Brand's FCEV investment will add hydrogen fuel-cell production capabilities to Thailand's automotive manufacturing sector as the global industry transitions towards lower-emission technologies.
BOI Secretary-General Narit Therdsteerasukdi said the project would manufacture the new Hilux Fuel Cell Electric Vehicle (FCEV) at Ban Pho plant in Chachoengsao, marking the first production of hydrogen fuel-cell pick-up trucks in Thailand.
The project will have an annual production capacity of 3,000 vehicles, with operations scheduled to begin in December 2027. Initial production will be allocated entirely for export, particularly to Europe, Australia and New Zealand.
Thailand's role in Toyota's hydrogen strategy
Toyota will integrate its latest hydrogen fuel-cell technology into the existing Hilux production line in Thailand. Narit said the investment reflected Thailand's role in brand's global manufacturing network, particularly as a production and export base for the Hilux. He added that the country's automotive supply chain and workforce supported the adoption of clean-vehicle technologies.
The investment aligns with Thailand's strategy of maintaining automotive manufacturing operations across multiple technologies, including internal combustion engines, mild hybrids, hybrids, plug-in hybrids, battery electric vehicles and FCEVs. The strategy aims to support the country's carbon-neutrality and net-zero targets while maintaining an investment environment open to automakers from different countries and technology platforms.
"Toyota has continued to place confidence in Thailand throughout more than 60 years of investment," Narit said. He added that introducing hydrogen FCEV pick-up production in Thailand reflected continued cooperation with the country as automotive technologies and markets evolve.
The project would also create opportunities for workforce development, technology transfer and Thai parts suppliers seeking to participate in future automotive supply chains, he said.
Ban Pho plant to add FCEV production equipment
The company will manufacture the FCEV on the existing Hilux production line at its Ban Pho plant. The company plans to upgrade manufacturing processes and install additional workstations for key fuel-cell powertrain components, including hydrogen tanks, fuel cells, battery packs, electric motors and power-control systems. A hydrogen refuelling station will also be installed within the factory to support vehicle production and testing.
Toyota confirmed in 2025 that the new-generation Hilux would include an FCEV variant as part of its multi-pathway approach to carbon neutrality. Its introduction in Europe and Oceania is scheduled to begin in 2028.
Project to source THB 640 million worth of Thai parts annually
The project plans to source approximately THB 640 million worth of locally produced materials and components annually. These will include air-conditioning and cooling systems, seats, wheels and tyres, wiring harnesses and interior components.
The company also plans to develop domestic suppliers, particularly Thai companies, through technology and knowledge transfer covering manufacturing, quality control, safety, environmental management and human-resource development. The BOI expects these measures to help local suppliers meet FCEV production requirements and increase their opportunities to participate in global automotive supply chains.
Operates three vehicle plants in Thailand
Established in 1962, Toyota Motor Thailand operates three vehicle plants in Samrong, Gateway and Ban Pho. According to the company's latest information, the factories have a combined annual production capacity of approximately 770,000 vehicles, while Toyota employs more than 13,000 people in Thailand.
The company uses Thailand as a production and export base, particularly for pick-up trucks. The hydrogen Hilux project forms part of multi-pathway strategy, which involves selecting powertrain technologies according to energy conditions, infrastructure availability and customer requirements in individual markets.
BOI supports more than 200 EV projects
As of September 2026, the BOI had approved investment promotion for 203 projects across Thailand's electric-vehicle sector, with combined investments exceeding THB 141 billion. These projects cover mild hybrids, hybrids, plug-in hybrids, battery electric vehicles and FCEVs, as well as batteries, key components and supporting infrastructure.
Narit said the projects covered multiple automotive technologies rather than relying on a single type of powertrain. Brand's FCEV investment will add hydrogen fuel-cell production capabilities to Thailand's automotive manufacturing sector as the global industry transitions towards lower-emission technologies.