Thailand is set to introduce stricter financial measures targeting imported electric vehicles, with plans to raise excise taxes as part of efforts to balance market access and domestic industry growth. The move follows concerns over the rising influx of foreign-made EVs, which officials say could undermine local manufacturing and economic policies. Authorities aim to align import costs more closely with those of domestically produced alternatives while maintaining incentives for sustainable transportation. Industry observers suggest the adjustment may impact consumer prices and availability of imported models in the near future.
Thailand prepares higher excise tax on imported electric vehicles — Bangkok Post UA.NEWS
