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Wednesday, April 24, 2024

Soft loans to grow EV chargers

An electric vehicle charges at last year’s Motor Expo. (Photo: Pattarapong Chatpattarasill)

The government looks set to offer soft loans to small and medium-sized enterprises (SMEs) and startups that want to invest in charging stations for electric vehicles (EV), a move aimed at increasing domestic EV purchases.

According to Energy Minister Supattanapong Punmeechaow, who chairs meetings of the National EV Policy Committee, the committee is scheduled to consider additional measures to support small-scale EV charging stations next month, with soft loans likely to be provided to SMEs and startups that invest in charging stations.

“The government sees the soft loans as being essential to convince SMEs and startups to invest in…

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