Skip to content

Thailand to reduce EV subsidy in 2024 as sales boom – DIGITIMES

Thailand to reduce EV subsidy in 2024 as sales boom – DIGITIMES

 

Thailand will lower the government subsidy for EV purchases starting next year due to the growing sales. The Thai government also plans to provide incentives for carmakers to establish EV R&D centers in the country.According to Thailand Business News and Reuters, Thailand currently subsidizes THB70,000 (US$1,956) to THB150,000 per EV. The subsidy scheme will expire at the end of this year.The Thai government plans to start a new subsidy program in 2024 that will continue until 2027. The new scheme… 

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *