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Cognizant Launches AI Training Data Services to Accelerate AI Model Development at Enterprise Scale

Cognizant is a data and AI model training partner, long trusted by large digital native pioneers to help train some of the most advanced AI /ML models in the world

TEANECK, N.J., July 30, 2025 /PRNewswire/ — Cognizant (NASDAQ: CTSH) today announced the launch of AI Training Data Services, a new offering designed to help enterprises build, fine-tune, and implement AI models at speed and scale. Leveraging deep experience as a data and AI model training partner to select digital native pioneers, Cognizant is now bringing its expertise to global 2000 clients to power AI innovation.

Cognizant today announced the launch of AI Training Data Services, a new offering designed to help enterprises build, fine-tune, and implement AI models at speed and scale.
Cognizant today announced the launch of AI Training Data Services, a new offering designed to help enterprises build, fine-tune, and implement AI models at speed and scale.

The market need for clean, relevant training data is critical as enterprises race to build AI-powered applications and operationalize generative and agentic AI. The limited availability of large-scale, accurately annotated datasets can create a significant bottleneck for training machine learning models, especially large language models and computer vision systems. Multi-modal data, spanning text, images, audio, and more, is particularly valuable as it enables models to handle complex scenarios requiring context from multiple data forms.

Cognizant’s AI Training Data Services is a strategic offering that enables enterprises to quickly build, fine-tune, validate, and deploy AI models at scale in alignment with enterprises’ internal governance and oversight. It fuses data engineering and AI training expertise with deep functional and industry-domain knowledge to turn multi-modal data into high quality inputs for machine-learning and generative AI models. These services cover data annotation, model customization and enhancement, as well as data governance, designed to enable organizations to accelerate speed to market, increase model accuracy and performance, and reduce costs.

For years, Cognizant has helped digital-native leaders train some of the world’s most advanced AI models. The company has worked with trailblazers in technology, healthcare, automotive, media and retail. Cognizant’s more than 10,000 specialists have delivered large-scale data annotation and quality-checked billions of data points and millions of data labels across every major modality — including speech, 2-D/3-D imagery, video, and light detection and ranging (LiDAR) often enriched with geospatial metadata for added accuracy. Cognizant’s domain knowledge has led to the company producing high-precision, specialized datasets for healthcare, automotive, media, digital marketing and more.

“At Cognizant, we’re committed to helping our clients accelerate their AI innovation at scale. By launching AI Training Data Services, we’re advancing this commitment and providing enterprises with the high-quality, multi-modal data they need to build sophisticated AI solutions,” said Ravi Kumar S., CEO of Cognizant. “In leveraging this specialized capability that we’ve deeply honed with digital innovators, we are taking a significant step forward in supporting AI transformation for our G2000 clients across industries.”

Cognizant’s AI Training Data Services offer several core capabilities, such as:

  • Comprehensive data annotation and curation, which includes: 
    • Multi-modal data labeling that enables expert annotation and curation for multi-modal data (e.g. text, images, audio, video) for high accuracy in AI training, from content understanding to conversational AI.
  • AI model customization and enhancement data, which includes:
    • Supervised Fine-tuning Data: Meticulously curated datasets for fine-tuning LLMs and foundation models.
    • Reinforcement Learning from Human Feedback (RLHF) Data: High-quality human feedback for RLHF intended to assist clients in aligning AI model behavior with human preferences and values, under the client’s oversight.
    • Red Teaming Data for Robustness: Curated datasets to support Red Teaming exercises aimed at identifying potential vulnerabilities and failure points.
  • Enterprise-grade AI evaluation and governance, which includes:
    • Agentic Solutions & Context Engineering Data: Specialized data services for building, refining, and evaluating AI agentic solutions under client defined parameters.
    • LLM Model Evaluation Data & Reporting: Robust data for evaluating LLM performance across various metrics.
    • Enterprise-Grade AI Deployment: Deployment of AI models within the client’s Virtual Private Cloud environment, designed to support enterprise-grade data security, privacy, and control.

“Enterprises are eager to operationalize AI, but many are held back by data debt—a persistent burden caused by fragmented, poor-quality, or inaccessible data that limits the development of effective AI models,” said Saurabh Gupta, President, Research & Advisory Services at HFS Research. “Cognizant is tackling this challenge head-on by unifying its full spectrum of capabilities—business services, IT expertise, engineering excellence, and ecosystem partnerships—into a streamlined, industry-contextual solution. Its AI Training Data Services blend deep domain knowledge with advanced data engineering and training capabilities, exemplifying the ‘Services-as-Software’ approach to help enterprises close the data readiness gap and stay competitive in an AI-driven world.”

“Businesses today are seeking to deploy generative and agentic AI at scale. These technologies hold promise to transform business models by enabling much higher levels of end-to-end automation and thereby more efficient and effective operations,” said Anil Vijayan, Partner at Everest Group. “As these scale up, the need for comprehensive and diverse data that speed up AI model creation, enhance model precision, and support adherence to regulations, becomes even more pronounced. Cognizant’s AI Training Data Services with their track record brings value in this space.” 

To learn more about Cognizant’s AI Training Data Services, visit the webpage here.

About Cognizant
Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life.

See how at www.cognizant.com or @cognizant.

For more information, contact:

U.S.

Name :Gabrielle Gugliocciello

Email: gabrielle.gugliocciello@cognizant.com

Europe / APAC

Name: Sarah Douglas

Email: Sarah.Douglas@cognizant.com 

India

Name: Vipin Nair 

Email: Vipin.Nair@cognizant.com 

 

 

Dx&Vx Signs USD 220 Million Co-Development and License Agreement for mRNA Cancer Vaccine with U.S. Biotech Company

– First global out-licensing deal since founding — tangible return on new drug development investments

– Significant milestone payments and future revenue expected — additional out-licensing of proprietary technologies anticipated

SEOUL, South Korea, July 30, 2025 /PRNewswire/ — Dx&Vx (DXVX) has signed its first-ever global out-licensing agreement since its establishment.

On July 30, DXVX announced that it has entered into a co-development and license agreement valued at approximately USD 220 million with a U.S.-based biotech company for its mRNA-based cancer vaccine. Revenue sharing post-commercialization will be handled separately.

Through this agreement, DXVX will grant its partner exclusive global rights to its patented mRNA-based cancer vaccine. The partner company will pay DXVX a total of approximately USD 220 million in development milestones and, following commercialization, sales-based milestone payments exceeding 10% of cumulative sales over a period of more than 15 years. Given the vast size and growth potential of the global oncology and cancer vaccine markets and the expected market share, DXVX projects that post-commercialization sales milestone revenues could exceed USD 940 million.

Even after the out-licensing, DXVX will remain responsible for leading R&D activities necessary for commercialization, including preclinical studies, Phase 1–3 clinical trials, and production. The partner company will be responsible for global regulatory approvals and sales. Other specific terms remain confidential by mutual agreement.

The mRNA-based cancer vaccine covered under this license agreement is part of DXVX’s proprietary pipeline and has demonstrated superior anticancer efficacy in preclinical animal studies compared to global competitors currently undergoing Phase 2b trials. DXVX has completed patent applications for the compound. In addition, the candidate utilizes DXVX’s proprietary long-term ambient storage mRNA vaccine platform technology, securing a technological edge over competitors.

The partnering U.S. biotech company possesses RNA-based drug development and diverse platform technologies. Following their first partnering meeting at the JP Morgan Healthcare Conference and Biotech Showcase this January, the partner recognized DXVX’s technological strengths, leading to the rapid conclusion of this agreement.

Kevin Kwon, CEO of DXVX, stated, “We are very pleased to sign our first global out-licensing agreement. We sincerely appreciate our partner’s recognition of our technological strength,” adding, “We believe this agreement will positively influence additional licensing discussions currently underway for other pipelines.”

Meanwhile, DXVX’s largest shareholder is Chong-Yoon Lim, Chairman of COREE and eldest son of the founder of Hanmi Pharmaceutical Group. In addition to the mRNA cancer vaccine, DXVX is developing several pipeline assets, including a long-term ambient storage mRNA vaccine platform, an oral anti-obesity therapeutic, and OVM-200, a peptide-based cancer vaccine, and other pipelines. The company is currently in licensing discussions with multiple domestic and international pharmaceutical and biotech companies.

2025 “TOPAI International AI Ecosystem Frontier Private Salon” Successfully Held in Tokyo, Exploring New Opportunities for Global AI Industry Development


TOKYO, JAPAN – Media OutReach Newswire – 30 July 2025 – On July 29, the 2025 “TOPAI International AI Ecosystem Frontier Private Salon” co-hosted by “TOPAI” and the “Inspiration Island Incubator,” was successfully held in Tokyo, Japan.

2025 "TOPAI International AI Ecosystem Frontier Private Salon" Successfully Held in Tokyo, Exploring New Opportunities for Global AI Industry Development

As the first stop of “TOPAI”‘s overseas private conference, this event brought together over ten investors, scholars, technology developers, and entrepreneurs from the AI sectors of China and Japan. They engaged in deep discussions on topics such as AI technology innovation, industrial implementation, investment, entrepreneurship, and global collaboration, sharing insights that combined depth with practical value.

The audience primarily consisted of AI entrepreneurs, industry observers, students from related university programs, and Japanese media. The venue was fully packed, and the atmosphere was vibrant, reflecting the high level of attention from innovative entrepreneurs in both China and Japan towards the AI field.

“TOPAI” continually empowers the AI sector through in-depth content and industry reports. This private conference in Tokyo aims to serve as an important link connecting the AI ecosystems of China and Japan. The “Inspiration Island Incubator” is the first professional AI innovation incubation platform established by IMS GROUP overseas, focusing on serving content entrepreneurs and AI startups to help more AI entrepreneurial teams grow.

The participating Chinese entrepreneurs in Japan have deep insights into the local market, having worked there for many years. They shared practical perspectives on core issues such as overcoming technical barriers and adapting to local market needs, based on their own experiences.

Meanwhile, AI entrepreneurs from China, grounded in the rapidly iterating domestic AI technology landscape, shared explorations on key topics such as commercialization paths and globalization strategies, drawing on cutting-edge practices in areas like large model applications, content generation, and office environment innovation.

In the rapidly evolving AI landscape, deep connections have become a core pathway to promoting global AI ecosystem prosperity. AI companies need to break down technical barriers and build an open, shared collaborative network, deepening cooperation in areas such as algorithm innovation, data circulation, and ethical standards. Only through collaboration can we break down silos and resolve differences, allowing AI to truly become a powerful engine driving sustainable global development.

As “TOPAI” holds: true value arises from deep connections. This Tokyo private conference was not only a clash of ideas but also a weaving together of resources, trust, and vision, laying a solid foundation for AI development in China, Japan, and globally.

The successful holding of the 2025 “TOPAI International AI Ecosystem Frontier Private Salon” in Tokyo is just the beginning of connections. The exchanges and discussions among industry peers here represent the true value of the private conference.

As technological breakthroughs and industrial practices intersect and as trust and consensus converge, the path to a collaborative global AI ecosystem becomes increasingly clear. The “TOPAI International AI Ecosystem Frontier Private Salon” will continue to advance and expand to more cities around the world.

About the Inspiration Island Incubator

The Inspiration Island Incubator has opened applications for innovation projects. It provides a high-energy modern office environment for entrepreneurs at different stages of development, offering one-stop incubation services tailored for teams ranging from one-person independent offices to those with over ten members. With flexible office solutions and responsive adjustments, it truly enables a “move-in ready” experience, helping entrepreneurs launch new chapters in their careers at low costs.

Hashtag: #topklout

The issuer is solely responsible for the content of this announcement.

About TOPAI

TOPAI is a technology media registered under Beijing New Three Excellent Tech Co. LTD, primarily focusing on the latest developments in the global AI field and producing in-depth insights and authoritative reports.

Chery Group rejoins Fortune Global 500; LEPAS debuts at Jakarta Auto Show with first overseas orders

WUHU, China, July 30, 2025 /PRNewswire/ — LEPAS landed its first overseas orders for L8 at its debut at Indonesia’s Jakarta International Auto Show (GIIAS), where it staged an exquisite life runway show.

Chery Group rejoins Fortune Global 500; LEPAS debuts at Jakarta Auto Show with first overseas orders
Chery Group rejoins Fortune Global 500; LEPAS debuts at Jakarta Auto Show with first overseas orders

Recently, LEPAS kicked off its overseas debut at GIIAS, with its all-star product matrix L8, L6, and L4 officially debuting — covering user groups with fashion personalities. With “exquisite travel” as its core, LEPAS is elevating the industry from “functional satisfaction” to “life aesthetics”.

At the show, LEPAS continued its “Leopard Aesthetics” in brand experience. Its booth, designed as a runway-style space integrated with lifestyle aesthetics, created an immersive user experience — interpreting the brand philosophy that automobiles are an extension of life. Globally, LEPAS will expand via “design + technology + service”, offering a closed-loop “elegant driving” experience across regions.

As a newest energy model, L8 embodies LEPAS’ “Leopard Aesthetics”. Its sleek outline, paired with highly recognizable light groups and detailed craftsmanship, reflects LEPAS’ understanding that “elegance is power”. The cockpit, with a skyline-inspired layout and natural texture design, focuses on comfort and intelligence — meeting the quality needs of global urban elites. L8 may later adopt Chery Group’s Super Hybrid system (CSH), further satisfying global users’ diverse demands.

Chery Group supports LEPAS’ rapid global rise. In the era of smart electric vehicles, Chery has grown in new energy and intelligence. With its R&D strategy of ‘mass-produce one, develop one, pre-research one’, Chery has made forward-looking layouts, built first-mover advantages, and driven full-cycle tech innovation, offering unique products to users. By July 2025, Chery’s cumulative exports exceeded 5 million units, ranking No.1 in Chinese brand passenger car exports for years. Additionally, Chery made the 2025 Fortune Global 500 this year, leaping 152 spots from last year.

As a core part of Chery’s globalization strategy, LEPAS is deeply integrated into the group’s global resource in R&D, manufacturing, supply chains, and sales networks. Using Chery’s global R&D centers, LEPAS has full-link development capabilities, ensuring quality and quick user response.

LEPAS’ global debut is more than a showcase; it’s the first practice of its “exquisite travel” concept. Indonesian officials, media, core dealers, attended the showcase, with the announcing of sponsorship with Miss Universe Indonesia. What can be seen is, LEPAS is driving into the global spotlight.

State Grid Gansu Linxia Power Supply Company: Strong Grid to Support Local Revitalization and Development

LINXIA, China, July 30, 2025 /PRNewswire/ — At 20:32 on July 29th, with the completion of the entire start-up plan for the 110kV Beiyuan Substation, the first “multi-station integration” comprehensive energy system demonstration station integrating “photovoltaic + energy storage + charging” in Linxia Prefecture, Gansu Province, the Linxia Beiyuan 110kV transmission and transformation project was officially put into operation. This marks a solid step forward for the State Grid Linxia Power Supply Company in serving the local economic and social development of Linxia and assisting in rural revitalization.

Since the project started in April 2024, the State Grid Linxia Power Supply Company has adhered to the principle of ensuring and improving people’s livelihood as the starting point and foothold of power grid construction. It has coordinated the design, construction, supervision, and dispatching of various forces, innovatively implemented the “battle map + daily meeting” mechanism, and successfully completed the installation, commissioning, and acceptance tasks with over 130 personnel and more than 10 pieces of machinery during the peak period, taking 15 months to accomplish the tasks.

“We always keep in mind the mission of serving local development, adhere to the principle of ‘the power grid revolves around people’s livelihoods, and projects focus on industrial development’, and reverse the construction schedule, refine the nodes, and strive to achieve the ‘acceleration’ of construction while ensuring quality and safety,” said Liu Jun, director of the construction department of the Linxia Power Supply Company of the State Grid, “Since entering May, as the milestone nodes of the project’s commissioning approach, the construction project has sounded the ‘charge horn’. Party members have taken the initiative, played a pioneering and exemplary role, led the construction personnel to overcome one difficulty after another, and ensured the smooth progress of the project.”

The Beiyuan (Qiaosi) 110 kV transmission and transformation project is a major project listed in the “14th Five-Year Plan” grid planning of Linxia Prefecture in Gansu Province, and it is also a key livelihood project supported by the State Grid Gansu Electric Power Company for the development of the Linxia area. After the project is put into operation, it will significantly optimize the grid structure of the Linxia power grid, improve the power supply capacity and safe and stable operation level, and fully meet the new load electricity demand in the Linxia Beiyuan area. Provide sufficient and reliable power guarantee for major projects such as the billion-level ecological agriculture demonstration industrial park, water-saving irrigation, and local characteristic industries, and help Linxia Prefecture focus on building the “five areas” functional positioning, injecting strong “power grid momentum” into the high-quality economic and social development of Linxia Prefecture.

 

aiMotive Signs License Agreement with Socionext for aiWare NPU IP to Power Next-Gen ADAS SoC

YOKOHAMA, Japan, July 30, 2025 /PRNewswire/ — aiMotive, a provider of cutting-edge software and hardware IP for Advanced Driving Assistance Systems (ADAS), has entered into a license agreement with Socionext, a global leader in advanced custom SoCs. This agreement grants Socionext access to aiMotive’s aiWare IP and development tools to support the development, including tape-out of next-generation custom SoCs based on chiplet technology for automotive ADAS applications.

The collaboration is expected to accelerate the adoption of aiMotive’s technologies while enabling Socionext to broaden its portfolio of automotive solutions. By integrating aiWare’s low-power, high-efficiency neural network accelerator, Socionext aims to deliver highly optimized SoCs tailored to the evolving demands of ADAS.

“This is a pivotal moment for aiWare,” said Márton Fehér, SVP of Semiconductor Engineering at aiMotive. “Socionext is the latest major customer to embrace our vision with a clear focus on mass production. Their deep expertise in automotive Custom SoC design and strong industry relationships make them an ideal partner to bring our scalable, power-efficient AI acceleration technology to the next level.”

Socionext has a long-standing track record of delivering advanced custom SoCs across various industries. In the automotive sector, the company continues to focus on developing high-performance, energy-efficient solutions, such as neural network accelerators and SDKs, in close collaboration with customers.

“Collaborating with aiMotive and utilizing aiWare will allow us to expand the scope of our Custom SoC proposals,” said Takehiro Kamada, EVP and Head of Sales and Business Group. “This partnership addresses the growing demand in the automotive sector for Custom SoC development, where customers seek not only high-efficiency AI solutions but also comprehensive support including SDKs and toolchains.”

This agreement marks a significant step forward in both companies’ missions to drive innovation in automotive AI, paving a way for enhanced safety and intelligence on the road.

About Socionext Inc.
Socionext Inc., a leading global System-on-Chip (SoC) supplier, is a pioneer of the ‘Solution SoC’ business model. This innovative approach encompasses Socionext’s ‘Entire Design’ capabilities and offering of ‘Complete Service’. As a trusted silicon partner, Socionext fuels global innovation, providing superior features, performance, and quality that set its customers’ products and services apart in diverse domains ranging from automotive and data centers to networking, smart devices, and industrial equipment.

Socionext Inc., based in Yokohama, operates offices across Japan, Asia, the United States, and Europe for development and sales. For more information, visit https://www.socionext.com/en/

About aiMotive
aiMotive is a global leader in automated driving technologies, offering a modular portfolio of software, simulation, and hardware IP solutions. Its aiWare hardware IP is designed to deliver scalable, power-efficient AI acceleration for automotive-grade SoCs.

Contact:

Bence Boda
Marketing & Communications Director
bence.boda@aimotive.com

All company or product names mentioned herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.

FROM THE ALZHEIMER’S ASSOCIATION INTERNATIONAL CONFERENCE 2025: SNAP BENEFITS LINKED TO SLOWER COGNITIVE DECLINE, 10-YEAR STUDY FINDS

Key Takeaways

  • Participating in the Supplemental Nutrition Assistance Program (SNAP) may help protect against age-related cognitive decline, suggests an analysis of a national study.
  • Compared to non-participants, SNAP participants had a slower decline in cognitive function during the 10-year study period, effectively maintaining an average of two to three additional years of cognitive health.
  • Food insecurity can negatively impact cognitive function, and participating in SNAP may improve participants’ diets and nutrition intake.

TORONTO, July 30, 2025 /PRNewswire/ — People who participated in the U.S. Supplemental Nutrition Assistance Program (SNAP) had slower cognitive decline over 10 years than those who didn’t participate, according to new research being reported today at the Alzheimer’s Association International Conference® 2025 (AAIC®), in Toronto and online.

The findings highlight the potential of food assistance programs to support cognitive health in the aging population and point to the need for additional efforts to reduce disparities in cognitive aging across different racial and ethnic groups, the researchers said. They also underscore the need for public health policies that ensure equitable access to programs like SNAP, which helps low-income individuals and families buy food, particularly for populations that may face additional barriers to enrollment.

Using the nationally representative Health and Retirement Study (HRS), researchers compared participants in SNAP to those who were eligible for the program but didn’t participate. They determined that SNAP participants had a 0.10% slower decline in overall cognitive function, or two to three additional years of cognitive health over the 10-year period.

“Research has shown that food insecurity can negatively impact cognitive function, and this is one of the first long-term studies to show that food assistance programs can positively impact cognition,” said Maria C. Carrillo, Ph.D., Alzheimer’s Association chief science officer and medical affairs lead. “Simple, everyday actions can make a difference in brain health and may even lower the risk of Alzheimer’s disease and dementia. The Alzheimer’s Association is committed to helping all people build these habits into their daily lives, including eating right, one of our 10 Healthy Habits for Your Brain.”

Researchers analyzed a racially and ethnically representative group of people age 50 and older comparing 1,131 (average age ~63 years) who were enrolled in SNAP in 2010 to 1,216 who were eligible for SNAP but did not participate (average age ~66 years). Memory and executive function — the ability to plan and carry out tasks — were assessed every two years between 2010 and 2020 via telephone or web-based interviews. People with an initial cognition summary score indicating cognitive impairment or dementia (11 or less out of 27 points) were excluded from the analysis.

While a 0.10-point difference in annual cognitive decline may seem small, the researchers note that its long-term impact is significant. “For someone starting at a healthy cognitive score, this slower decline could delay reaching the threshold for mild cognitive impairment by nearly a decade,” said Linlin Da, MPH, lead author of the study and a Ph.D. candidate in health services research at the University of Georgia, Athens.

“This suggests SNAP participation, or another similar nutrition support program, could significantly delay the onset of cognitive impairment or dementia, allowing people to preserve their ability to manage medications, finances and daily tasks longer,” said Da. “This ultimately supports greater independence and higher quality of life in older adulthood.”

“At the same time, we discovered that this protective effect is not the same for everyone: non-Hispanic Black and Hispanic older adults did not benefit as much in cognitive functions compared to non-Hispanic white participants,” Da added.

Comparing the cognitive findings for White, Black and Hispanic SNAP participants in the study to their peers who didn’t participate in SNAP, the researchers found all three groups benefitted, but observed much stronger benefits and slower decline for the White SNAP participants.

“We hope health care providers will see that potentially delaying cognitive impairment is another reason to help their patients-in-need secure access to food assistance,” said Suhang Song, Ph.D., corresponding author of the study and assistant professor in the department of health policy and management at the University of Georgia College of Public Health.   

About the Alzheimer’s Association International Conference® (AAIC®)
The Alzheimer’s Association International Conference (AAIC) is the world’s largest gathering of researchers from around the world focused on Alzheimer’s and other dementias. As a part of the Alzheimer’s Association’s research program, AAIC serves as a catalyst for generating new knowledge about dementia and fostering a vital, collegial research community.
AAIC 2025 home page: www.alz.org/aaic/
AAIC 2025 newsroom: www.alz.org/aaic/pressroom.asp
AAIC 2025 hashtag: #AAIC25

About the Alzheimer’s Association®
The Alzheimer’s Association is a worldwide voluntary health organization dedicated to Alzheimer’s care, support and research. Our mission is to lead the way to end Alzheimer’s and all other dementia — by accelerating global research, driving risk reduction and early detection, and maximizing quality care and support. Our vision is a world without Alzheimer’s and all other dementia®. Visit alz.org or call 800.272.3900.

  • Linlin Da, MPH, et al. The association between Supplemental Nutrition Assistance Program participation and cognitive decline by racial/ethnic groups: a 10-year longitudinal study. (Funding: National Center for Advancing Translational Sciences of the National Institutes of Health UL1TR002378)

Thailand EV Board Adjusts EV3, EV3.5 Terms to Promote Exports as Investment in EV Supply Chain Tops 137 Billion Baht

BANGKOK, July 30, 2025 /PRNewswire/ — Thailand’s National Electric Vehicle Policy Committee (EV Board), today approved adjustments to the so-called EV3 and EV3.5 incentive packages to encourage the manufacturers of battery electric vehicles (BEV) to use the country as an export base.

Thailand’s National Electric Vehicle Policy Committee (EV Board), chaired by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, today approved adjustments to the so-called EV3 and EV3.5 incentive packages to encourage the manufacturers of battery electric vehicles (BEV) to use the country as an export base.
Thailand’s National Electric Vehicle Policy Committee (EV Board), chaired by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, today approved adjustments to the so-called EV3 and EV3.5 incentive packages to encourage the manufacturers of battery electric vehicles (BEV) to use the country as an export base.

The two incentive schemes require manufacturers to produce locally to compensate for the vehicles they imported since the start of the EV subsidies program in 2022 before they started local production. Under the new adjustments, 1 vehicle produced for export will be accounted as 1.5 vehicle, making it easier for carmakers to meet their production commitments. This approach, proposed by the Federation of Thai Industries (FTI), is expected to increase the number of electric vehicle exports to approximately 12,500 units in 2025 and approximately 52,000 units in 2026.

The board also approved a proposal to extend by one month the registration period for vehicles produced for the domestic market and strengthen subsidy payments to enhance the effectiveness of the measures.

The board, chaired by Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, also acknowledged a report showing the progress seen in the sector and demonstrating the policy’s success, including the total amount of investment in the local EV supply chain which has reached 137.7 billion baht (ca. USD 4.2 billion) as of end-June 2025. On the consumer side, a total of 175,064 BEV cars and 34,559 electric motorcycles have so far been granted subsidies totaling over 12 billion baht under the EV 3.0 and EV 3.5 schemes.

“The EV Board acknowledged the continued expansion of the EV sector in Thailand and took steps to allow further growth and encourage manufacturers to export more,” Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment (BOI), who is also the secretary of the EV Board, told reporters at a press conference held after the EV Board meeting at the Ministry of Finance in Bangkok. “The revisions approved today will allow greater flexibility and help Thailand, which is already the leader in the region’s automotive manufacturing industry, to become a key EV production base.”

In the first half of 2025, a total of 57,289 new BEV passenger cars were registered in Thailand, a 52.4% increase compared to the same period of last year, accounting for 15% of all new passenger car registrations.  For the whole of 2024, a total of 70,582 BEV passenger cars were registered. A total of 203,000 BEV passenger cars is on the road in the country, along with 71,900 electric motorcycles, 3,800 electric buses and trucks, and 1,000 three-wheeled electric tuk tuks.

Regarding the charging network, a key infrastructure for the EV sector, a total of 3,720 charging stations were in operation around the country as of March 2025. Out of the 11,622 installed chargers, 6,524 were DC fast chargers, some 48% more than the 4,400 that had been expected for this year in the initial EV sector development plan. The plan expects the number of DC fast chargers to total 12,000 by 2030. Under the “30@30” policy, Thailand aims for at least 30% of vehicles produced in Thailand to be electric vehicles by 2030.

Currently, 27 companies are participating in the EV3 scheme, including 16 electric passenger car and pickup truck manufacturers, and 11 electric motorcycle manufacturers. Ten companies are participating in the EV3.5 measure, all of which are passenger car manufacturers already participating in EV3.

Rising Investments in the EV Supply Chain

Cumulative approved investments in the manufacturing of electric vehicles, key components, charging systems, and battery swapping services total 137.7 billion baht, comprising:

  • BEV production: 21 projects representing total investment of 41.08 billion baht and a combined production capacity of 386,000 units per year
  • Battery electric motorcycle production: 16 projects representing total investment of 990 million baht and a combined production capacity of 810,000 units per year
  • Battery electric bus and truck production: 3 projects representing total investment of 2.21 billion baht and a combined production capacity of 4,800 units per year
  • Battery production: 53 projects, including both battery module production and the manufacturing of battery cells, representing total investment of 80.1 billion baht
  • Production of other key parts, such as traction motors, BMS, DCU, on-board chargers: 42 projects representing total investment of 6.52 billion baht
  • EV charging stations: 29 projects representing total investment of 5.56 billion baht, to install a total of 20,080 charging stations, including 7,360 DC chargers.
  • Battery swapping station: 5 projects representing total investment of 1.28 billion baht, to set up 555 stations for motorcycle batteries, 7 stations for large commercial vehicles, and 6 stations for passenger cars.

Details of the Adjustments and Extension Measures

As proposed by the Excise Department to facilitate the registration of the high number of BEV cars usually sold around year-end in the domestic market, the registration period for cars under the EV3 and EV3.5 measures has been extended by one month. The EV3 measure requirement that specified the cars had to be “registered by December 31, 2025” has been changed to “sold by December 31, 2025, and registered by January 31, 2026.” For the EV3.5 measure, the timeframe has been extended from “registered by December 31, 2027,” to “sold by December 31, 2027, and registered by January 31, 2028.”

The EV Board also approved revised criteria to be used in overseeing the Excise Department’s subsidy disbursement under the EV3 and EV3.5 measures to ensure prudent, efficient, and flexible implementation as follows:

1) EV3 participating companies that do not extend the compensatory production period must prepare a compensatory production forecast and report the results monthly. The Excise Department will withhold subsidy payments until they have accumulated at least 50% of the total compensatory production and meet the projected production plan. As for EV3 participants who wish to extend the compensatory production period, or EV3.5 participants, they must prepare a compensatory production forecast. For EV3 participants who wish to extend the compensatory production period, they must provide a bank guarantee of 20 million baht for companies with registered capital of 5 billion baht or more and 40 million baht for companies with registered capital below 5 billion baht. The Excise Department will withhold subsidy disbursement if the eligible recipient’s accumulated compensatory production falls below the specified proportion.

2) EV3 participants wishing to extend the compensatory production period are allowed to procure additional production plants to enable the compensatory production to be completed within the specified timeframe.

3) Participants in the EV3 and EV3.5 measures can revise their application for incentives and the number of cars imported for compensatory production. For vehicles that have been imported and registered but have not yet received subsidies, companies can choose to repay the excise tax difference, along with penalties and surcharges, so that these vehicles will not require compensatory production.

For more information, please contact:
Thailand Board of Investment
Tel. +66 (0) 2553 8111
Website: www.boi.go.th
YouTube: Think Asia, Invest Thailand