Thai Government To acknowledge the guidelines for promoting electric vehicles to move forward with the support of electric vehicles/motorcycles, pushing Thailand as a production base, EV reiterates the Detroit of Asia.

launched a 4-year electric vehicle support plan

    Thanakorn Wangboonkongchan Spokesperson for the Prime Minister's Office The Meeting of the Cabinet (KRCC) resolved to acknowledge the guidelines for the promotion of electric vehicles in accordance with the results of the National Electric Vehicle Policy Committee Meeting No. 3/2021 and No. 1/2022. The use of electric vehicles in the country in accordance with the production and use goals of zero emission vehicles (ZEV) of all vehicles.

     IN ORDER TO DETERMINE THE DIRECTION OF DEVELOPMENT AND DRIVE SUPPORT MEASURES IN TERMS OF TAX AND NON-TARIFF MEASURES AS SHORT-TERM MEASURES BETWEEN 2020 AND 2020, IN THE FIRST TWO YEARS (2020 – 2026), THE SUPPORT MEASURES WILL FOCUS ON INCENTIVIZING THE WIDESPREAD USE OF ELECTRIC VEHICLES IN THE COUNTRY AS SOON AS POSSIBLE. IT COVERS IMPORTS OF BOTH PREFABRICATED ELECTRIC VEHICLES/MOTORCYCLES (CBU) AND DOMESTICALLY PRODUCED ELECTRIC VEHICLES/PICKUP/MOTORCYCLE (CKD) CASES THROUGH EXEMPTION OR REDUCTION OF IMPORT DUTIES. REDUCE EXCISE DUTY RATES AND/OR PROVIDE SUBSIDIES ACCORDING TO THE SPECIFIED CONDITIONS, IN ORDER TO INCREASE DEMAND FOR ELECTRIC VEHICLES AS A WHOLE. INCENTIVE AND ATTRACT INVESTMENT IN THE ELECTRIC VEHICLE INDUSTRY OF THAI ENTREPRENEURS

    OVER THE NEXT TWO YEARS (2020 – 25), THE SUPPORT MEASURES WILL FOCUS MAINLY ON PROMOTING THE USE OF DOMESTICALLY PRODUCED ELECTRIC VEHICLES. BY REPEALING THE EXEMPTION/REDUCING IMPORT DUTIES. THE WHOLE PREFABRICATED VEHICLE (CBU) BUT MAINTAINS MEASURES TO REDUCE EXCISE DUTY RATES AND/OR PROVIDE SUBSIDIES ACCORDING TO THE SPECIFIED CONDITIONS TO MAKE THE COST OF ALL IMPORTED FINISHED ELECTRIC VEHICLES HIGHER THAN CARS/ IN ORDER TO ENCOURAGE OPERATORS TO ACCELERATE THE PRODUCTION OF ELECTRIC VEHICLES IN THE COUNTRY. SUPPORTS THE GROWING DEMAND FOR ELECTRIC VEHICLES REDUCE IMPORTS OF PARTS AND EQUIPMENT FOR ELECTRIC VEHICLES, AS WELL AS SUPPORT THE PRODUCTION OF ELECTRIC CARS/MOTORCYCLES IN THE COUNTRY.

    additional measures have also been set out to support production. domestic electric vehicles/motorcycles such as import duties exemption for parts imported between 65 and 28, counting the value of imported battery cells as domestically occurring production costs for domestic value-added calculations. not exceeding 15% of the price of electric vehicles in front of the factory. domestic electric car/motorcycle production to compensate for imports in the first place (in case of compensatory production by 2024, the production is equal to the number imported in 65 – 26 years, and if it is necessary to extend the production of compensation until year 28 and the production or use of batteries produced or assembled in the country according to the specified conditions.

    "The operation to promote electric vehicles aims to make the price of cars and motorcycles of battery electric vehicles (BEV) competitive, and the 30@30 plan by 2030 will produce 30% of electric vehicles in Thailand.