34.9 C
Bangkok
Thursday, May 16, 2024

Budget sought to maintain state EV subsidy

Current funds set to run out next month

People examine electric vehicles at a recent EV Expo. (Photo: Wichan Charoenkiatpakul)

The Excise Department says the 2.9-billion-baht subsidy to support the use of electric vehicles (EVs) will run out within September and it plans to request an additional budget from the new administration to continue the programme until 2025, says director-general Ekniti Nitithanprapas.

He said the measure to support the use of EVs runs from 2022 to 2025, with an EV battery subsidy from the government for EV buyers.

EVs with a battery capacity of…

Read more…

Previous article
Next article

Latest Articles