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Tuesday, May 14, 2024

Thailand to only allow BEV sales from 2035

The Thai government wants only purely electric vehicles to be sold from 2035 onwards. As a stage on this path, the aim is also for electric vehicles to account for 50 per cent – and not 30 per cent as previously planned – of all new car registrations by the end of this decade.

“We can see the world is heading in that direction so we have to move quickly,” Kawin Thangsupanich, adviser to the Energy Ministry’s national policy committee, is quoted as saying in a report by Bloomberg. The now fixed deadline for the sale of internal combustion vehicles is now to be followed by a series of incentives for electric vehicles, from tax breaks and purchase bonuses to infrastructure offensives and regulations for the manufacture of electric vehicles.

By taking a clear stance, the country hopes to become more interesting for investors as well. Basically, Thailand wants to put its know-how…

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