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Friday, May 3, 2024

BoI okays new incentives for EV charging stations

The Metropolitan Electricity Authority has set up a booth at the 43rd Bangkok International Motor Show 2022 in Nonthaburi province. The MEA plans to install a hundred more MEA EV chargers in Bangkok, Nonthaburi and Samut Prakan by the end of this year. (Photo: Bangkok Post)

The Board of Investment (BoI) approved enhanced incentives and conditions on Thursday for investments in charging stations for electric vehicles (EV), a move to accelerate the growth of the domestic EV market and quickly expand related infrastructure.

Speaking after a BoI meeting chaired by the prime minister, Duangjai Asawachintachit, BoI secretary-general, said the board agreed to allow smaller charging stations eligibility for three years of tax benefits,…

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