Thailand’s finance ministry is considering imposing a steep import tax of up to 30% on electric vehicles, a move that could significantly raise costs for buyers and reshape the market. The proposed measure aims to address concerns over rising trade deficits and protect domestic industries amid growing demand for cleaner transportation. Industry analysts warn that such a tax could dampen consumer interest and slow the transition to electric vehicles in the country. The decision follows broader regional debates over balancing environmental goals with economic policies.
Thailand Could Tax EV Imports Around 30%, Finance Chief Says Bloomberg.com
