The Excise Department sees signs of increased interest in electric vehicles (EV) among Thai consumers, said director-general Lavaron Sangsnit. THAI NEWS AGENCY
Spurred by growing domestic demand for electric vehicles (EV), manufacturers in Japan and China are set to seek government subsidies to cut EV prices in Thailand, according to a finance ministry source.
Toyota is expected to join the Excise Department’s subsidy programme later this month, the source said.
“It will be the first Japanese car manufacturer to take part. This move is expected to prompt other carmakers from Japan and Europe to join so that they can avoid missing out on business opportunities,” the source added.
Chinese automakers Geely, Neta and Changan have also expressed interest in the subsidy programme and are in talks with the Excise Department, according to the source.
Meanwhile, Japanese carmaker Honda…
