Thailand’s National Electric Vehicle Policy Committee has approved new measures to promote the adoption of electric buses, trucks, and the establishment of battery bases.
- Thailand’s EV Board approved measures to support the uptake of electric buses and trucks, aiming to make the country a regional EV hub and achieve carbon neutrality goals.
- Companies can now deduct expenses for e-bus and e-truck purchases from their corporate income tax, incentivizing the transition from fossil fuel vehicles to EVs.
- The EV Board also approved measures to promote investment in battery cell production and energy storage systems, attracting leading battery manufacturers to invest in Thailand.
These measures aim to make Thailand a regional electric vehicle hub and help the country achieve its carbon neutrality goals. The incentives include subsidies for the production of electric vehicles and tax…
