Thailand is set to raise import taxes on electric vehicles as part of a policy shift aimed at bolstering domestic production and reducing reliance on foreign-made EVs. The move comes amid growing concerns over trade imbalances and the need to support the country’s expanding automotive industry. Industry officials suggest the adjustment could influence consumer prices and market dynamics for electric vehicles in the region. Details on the exact tax rates and implementation timeline remain under discussion.
Thailand to increase tax on EV imports, official says Reuters
