Ministry mulls revision of EV import duties
Effort to facilitate greater affordability
The Finance Ministry is considering a revision of the import duty rates for electric vehicles (EV) to make them more affordable for consumers, says Deputy Finance Minister Santi Prompat.
Mr Santi said the goal is to enable Thais to buy EVs at reasonable prices as part of the country’s EV promotion policy.
Thailand’s EV import tax rates vary. EVs imported from China enjoy a 0% tax rate under a bilateral agreement between Thailand and China.
Some EVs imported from Japan are subject to a 20% tax rate under the Japan-Thailand Economic…
