Manufacturing
Cars
New tax law could provide spark to Thailand’s global EV hub dream
A new tax law introduced today could provide the spark to realize Thailand’s global electric vehicle hub dream.The Excise Department in Bangkok revealed a law governing the reduction of the EV tax from 8% to 2% will be published tomorrow in the Royal Gazette and ...
Deep dive into Thailand's EV perks package
The government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers.What are the incentives for EVs?The incentives recently approved by the ...
Bangkok Post Reporter
Ministry pushes for use of EVs in industrial sector to boost investment
In a bid to encourage investment in electric vehicles (EV), the Industry Ministry is joining hands with Siam Cement Group (SCG) to boost the use of EVs in the industrial sector.The ministry is also in the process of inviting other large companies like PTT and ...
The Nation Reporter
Cabinet approves registration of personal cars for ride-hailing services
The Cabinet on Tuesday approved a draft regulation proposed by the Transport Ministry to allow people to register their personal cars for commercial use.Transport Minister Saksayam Chidchob explained that only cars with maximum capacity of seven people would be eligible for registration.The draft ministerial regulation ...
EV outlook more than just numbers
Hailing 2020 as a “great year” for electric vehicle (EV) sales in the global market, Krisda Utamote, president of the Electric Vehicle Association of Thailand (EVAT), is eager to see a similar growth in Thailand with the spotlight on the EV industry.But a focus on ...
Lamonphet Apisitniran
Thailand poised to target 50% EV use, carbon neutrality by 2050
EV committee will discuss at the end of March and prepare to set carbon emission to zero with 50 per cent user to drive EV within 2030.Kulit Sombatsiri, permanent secretary for energy, said during the launch day ceremony for EGAT EV Business Solutions on Thursday ...
The Nation Reporter
Govt targets 30% electric-car production to tackle pollution
Thailand will target having electric vehicles account for 30% of car production by the end of the decade, as part of efforts to tackle toxic air pollution.The government wants to “accelerate the use and production of electric vehicles, with national strategies focusing on the environment ...
DLT unveils new rules on power, speed of electric vehicles
New Department of Land Transport (DLT) regulations governing the minimum speed and power of electric vehicles (EVs) were published in the government gazette on Thursday.The rules apply to the engine size of electric cars, pickups, taxis, three-wheelers and motorcycles.The first category covers inter-provincial service vehicles ...
The Nation Reporter
Excise to study reworked EV taxes
Finance Minister Arkhom Termpittayapaisith has ordered the Excise Department to study the excise tax structure on electric vehicles (EV) to promote industry development and lower the price of EVs.Speaking after visiting the Excise Department on Friday, Mr Arkhom said the government has lowered the excise ...
Wichit Chantanusornsiri
Thai auto industry must adapt quickly to EV production, govt warns
The Energy Ministry has warned that businesses in Thailand’s automotive industry must adapt quickly to the growing trend for electric vehicles (EVs).Prasert Sinsukpraser, who heads the ministry’s Department of Alternative Energy Development and Efficiency, said the Thai EV industry would grow rapidly between 2020 and ...
The Nation Reporter