Thailand has announced a significant hike in import taxes on electric vehicles, marking a sharp policy shift amid rising concerns over foreign competition and domestic industry protection. The move comes as part of broader efforts to balance the growing popularity of EVs with the need to support local automotive manufacturers facing pressure from cheaper overseas models. Industry analysts warn the new tariffs could raise costs for consumers while potentially disrupting supply chains already adapting to the global shift toward electric transportation. The decision follows Thailand’s earlier incentives for EV adoption, raising questions about the long-term direction of its automotive and energy policies.
Thailand drastically increases tax on EV imports electrive.com
