The Electric Vehicle Board has agreed to promote the use of commercial electric vehicles in Thailand, such as truck or buses, by making the purchase price tax deductible, according to Narit Therdsteerasukdi, secretary-general of the Board of Investment (BoI).
He said that this is intended to encourage the business sector to switch to the use of EVs to reduce carbon emissions, which will help achieve Thailand’s zero carbon emission goal whilepromoting domestic production of EVs.
Under the measure, which is valid until the end of next year, companies buying e-trucks or e-buses can claim up to twice the purchase price against tax, in case of locally-assembled vehicles, and 1.5 times the price for imported ones.
Narit said the promotion is an extension of that granted to buyers of electric cars, motorcycles and pickup trucks, adding that it will encourage business operators to replace…
