Thailand approves enhanced incentives to boost EV use

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BANGKOK : Thailand has expanded incentives to boost the use of electric vehicles (EVs), the investment promotion agency said on Thursday, as the country looks to preserve its status as a major Southeast Asian auto production hub.Smaller charging stations will now be eligible for three-year tax benefits, a

BANGKOK : Thailand has expanded incentives to boost the use of electric vehicles , the investment promotion agency said on Thursday, as the country looks to preserve its status as a major Southeast Asian auto production hub.

A condition barring investors from receiving additional benefits from other agencies, and a requirement for ISO certification have also been removed, she said. Thailand is encouraging consumers to shift to EVs, with a goal of ensuring 30per cent of its total auto production output is EVs by 2030.

 

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