Thailand EV Board approves inclusion of MHEVs in incentive scheme for HEVs under several requirements

Announced on December 4, 2024, Thailand’s National Electric Vehicle Policy Committee (EV Board) approved a revised incentive package for the temporary lowering of the excise tax rate for locally produced HEVs that was first approved in July 2024. 
The revised package now covers an additional incentive category for th....

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