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Friday, May 10, 2024

Thai EV Promotion Policies: What You Need To Know

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European, American, and South Korean automobile manufacturers are urging the Thai government to ensure its electric vehicle (EV) promotion policy benefits all EV makers evenly. This plea arises amidst growing concerns that Chinese and Japanese rivals might be enjoying an unfair advantage.

Industry Minister Pimphattra Wichaikul revealed these countries are seeking enhanced support for their EV sales and automotive supply chains. This is in light of Thailand’s efforts to bolster its domestic EV market.

“These countries want the government to take better care of them because they think Chinese and Japanese car companies have an advantage over them.”

Pimphattra assured that the government’s support towards all car companies’ sales and investments through EV incentive packages is unbiased. She expressed confidence that European, American and South…

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