AP Honda, the local distributor of Honda motorcycles, plans to make electric motorcycles by 2019 in line with the official policy of Japan-based Honda.
The company hopes to replicate this success with the more eco-friendly two-wheel vehicles.
Vice-president Suchart Arunsaengroj said the Thai unit is doing a local feasibility study to make electric motorcycles for the Thai market and provide solutions for electric bikes.
"AP Honda plans to make all related parts of the electric motorcycles in Thailand with our commitment to introduce the first model under the electric platform in 2019," he said.
"Making eco-friendly vehicles is now the business footprint for Honda because the global trend is heading [in this direction]."
But Mr Suchat said the key stumbling blocks for Thailand in this field are hefty retail prices because the electric platform relies on a higher technology than conventional motorcycles.
Mr Suchart urged the Thai government to offer state subsidies to make electric motorcycles more affordable and attract investment in future production from global players.
"At this time, I cannot disclose whether the first Honda electric vehicle in Thailand will be imported or assembled locally," he said.
AP Honda sold 607,128 motorcycles in Thailand from January to May, up 6.7% from the same period last year, according to the Land Transport Department.
Its sales closely track those of the broader domestic market where demand for motorcycles grew 6.6.% to stand at 773,794 units.
Mr Suchart said Honda expects total sales here to hover around 1.8 million in 2017.
Domestic sales of motorbikes surpassed 2 million for the first time in 2011, ending at 2.01 million. They peaked at 2.13 million units in 2012 before receding to 2 million in 2013.
In 2014, the market plummeted 15% to 1.7 million amid political turmoil and payment delays to farmers under the rice-pledging scheme.
They continued to edge down to 1.68 million in 2015 but rebounded 4% to 1.74 million last year.