China’s electric vehicle imports to Thailand have sharply risen as buyers rush to avoid an upcoming excise tax increase, according to new trade data. The tax hike, set to take effect soon, has prompted a surge in demand for Chinese-made EVs, with dealers reporting a notable uptick in sales. Industry analysts suggest the temporary buying spree could ease once the tax adjustment is implemented, though long-term market trends remain uncertain. The development highlights Thailand’s growing role as a key import hub for Chinese electric vehicles in Southeast Asia.
Chinese EV Imports Surge in Thailand Ahead of Planned Excise Tax Bloomberg.com
