According to the Thailand Board of Investment, the second-phase package, which will be effective next year until 2027, offers subsidies for electric cars, pickup trucks and motorcycles, depending on the battery size and vehicle type, and includes lower import duty and excise taxes. Purchase subsidies of up to 100,000 baht per EV car, down from the current...
The post Thai cabinet approves scaled-down EV subsidy to boost local production appeared first on African News Agency.
Thursday 30 October 2025
African News Agency - 2 years ago
Thai cabinet approves scaled-down EV subsidy to boost local production
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