Economy
Thailand to Boost Domestic EV Production with Increased Import Tax
The Federation of Thai Industries (FTI) has expressed support for a 35% increase in import tax on electric vehicles (EVs) to encourage domestic production. This move aims to incentivize foreign automakers to establish manufacturing bases in Thailand.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Thailand to Raise EV Import Tariffs to 35% to Boost Local Production
The Thai government has decided to raise import tariffs on electric vehicles (EVs) from the current 10% to 35%. Aiming for implementation from January 1, 2026, the move intends to encourage the establishment of EV production bases within Thailand. This measure seeks to curb the influx of imported EVs and incentivize manufacturers to produce locally.