Thailand is reportedly considering a 30% excise tax on imported electric vehicles as part of a strategy to boost domestic production and reduce reliance on foreign-made models. The move aims to align with broader economic policies favoring local manufacturing while addressing concerns over rising imports. Industry analysts suggest the tax could reshape market dynamics, potentially increasing demand for locally assembled EVs. Details on implementation and exemptions remain unclear as discussions continue.
Thailand eyes 30% excise tax on imported electric vehicles – report Just Auto