Thai Cabinet approves EV 3.5 incentive package in Thailand, spanning 2024-2027

Announced on December 19, 2023, the Thai Cabinet has approved the EV 3.5 incentive package, which is set to further strengthen National Electric Vehicle (EV) Policy Committee’s push for electric mobility ecosystem in Thailand.
Electric cars priced THB 2 million or less will get up to 40% reductions on import duties a....

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