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Saturday, April 20, 2024

Full charge ahead

BMW i4.

The car-buying season is back with the staging of this year’s Bangkok International Motor Show reflecting the latest trends in the Thai automobile market.

A total of 27 automobile and eight motorcycle companies are participating in this year’s event, with 30 new and updated models being introduced.

However, the most noticeable trend at the show, running at IMPACT Challenger until April 3, is the emergence of electric vehicles (EVs), with more than 20 models being exhibited.

The government recently slashed import duties and excise tax on imported EVs in addition to offering subsidies of 70,000-150,000 baht depending on battery size and VAT reduction, resulting in significant price drops.

For example, the…

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