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Thailand mulls tax cuts, subsidies to spur EV adoption

Thailand is weighing an array of incentives including lower taxes and cash subsidies to develop the market for electric vehicles (EVs), hoping that the perks spur automakers to invest more and make the Southeast Asian nation a manufacturing hub for cleaner vehicles.
Thai Prime Minister Prayuth Chan-ocha’s Cabinet may soon consider subsidies between 70,000 baht (US$2,155) and 150,000 baht depending on the type and model of vehicle, and lower excise tax and import duties on completely built and partially built EVs, according to a draft proposal viewed by Bloomberg from the National Electric Vehicle Policy Committee headed by Thai Deputy Prime ....

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Govt mulls tax cuts, subsidies to spur electric car adoption

The government is weighing an array of incentives including lower taxes and cash subsidies to develop the market for electric vehicles, betting the perks may spur automakers to invest more and make Thailand a manufacturing hub for cleaner cars. ....

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Thailand mulls tax cuts, subsidies to spur electric car adoption

BANGKOK (Feb 14): Thailand is weighing an array of incentives, including lower taxes and cash subsidies, to develop the market for electric vehicles (EVs), betting the perks may spur automakers to invest more and make the Southeast Asian nation a manufacturing hub for cleaner cars. ....

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