Thailand Revamps EV Incentives as Chinese Brands Surge

Thailand is tightening its EV incentives as Chinese brands surge, revising rules on deadlines, subsidies, batteries and exports.
BYD's Atto SUV is the dominant vehicle in the Thai EV sector, accounting for nearly a third of the entire market. Thailand is tightening its EV incentives as Chinese brands surge, revising rules on deadlines, subsidies, batteries and exports. Chatchai Somwat / Alamy Stock Photo

Thailand has rewritten its electric-vehicle incentive rules, revamping Thailand EV incentives by shifting deadlines and tightening subsidy conditions.

The National Electric Vehicle Policy Board approved the changes at its first meeting under the new administration, changing how exports are counted to keep its EV programs steady during a period of fast expansion.

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by Edwin Shri Bimo

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