Reported on September 11, 2026, uncertainty over Thailand’s potential changes to the BEV tax structure is causing customers to delay decisions and making it difficult for businesses to plan, according to the Managing Director of Hyundai Mobility (Thailand).
The company MD called for the Thai government to finalize an

On September 11, Pakistan’s Federal Board of Revenue (FBR) extended several electric vehicle tax concessions until June 30, 2027. The circular explains amendments introduced through the Finance Act, 2026. The sales tax exemption on imported completely knocked-down kits for specified electric vehicles has been extende

In an investor update, Tata Motors Passenger Vehicles said that the PLI certifications for the Tiago EV, Punch EV, Sierra EV and Curvv are expected from Q3 FY 2027 (ending December), and that almost the entire portfolio should be PLI-accredited by Q4. This follows the current PLI accruals, which are largely from the

On August 18, Minda Instruments Limited, a wholly owned subsidiary of Minda Corporation, received government approval to manufacture Display Module Sub-Assemblies under the Electronics Components Manufacturing Scheme (ECMS). The clearance came on August 17, 2026, as part of 31 new proposals approved by the Ministry o

On August 17, the Ministry of Electronics and Information Technology (MeitY) approved 31 additional projects under the Electronics Components Manufacturing Scheme (ECMS), taking total approvals to 106 projects across 15 states. Total approved investment has reached INR 695.48 billion, with projected output of INR 5,3

Reported on August 17, 2026, Thailand’s Deputy Prime Minister and Finance Minister Ekniti has instructed officials to complete a new automotive excise tax structure by September, with implementation targeted before the end of 2026. The proposal would offer lower rates to companies investing in production facilities i

Reported on August 15, 2026, Toyota Motor Thailand and Honda Automobile Thailand have urged the Thai government to revise vehicle tax policies, citing what they described as an imbalance between locally manufactured and imported vehicles.
Toyota said imported Chinese EVs benefit from lower tax burdens and government

On August 12, the Ministry of Economy and Commerce of the Kyrgyz Republic announced that the Kyrgyz Republic is implementing a project to establish an automotive industrial cluster focused on the production and assembly of electric passenger, commercial, and special-purpose vehicles. The vehicles will be manufactured

On August 10, the Advanced Propulsion Centre UK Ltd. (APC) announced that 33 automotive projects have been selected to receive more than GBP 47 million in government funding. This is as part of the UK Government’s DRIVE35 program.
The latest funding allocation will leverage over GBP 90 million of total project invest

On August 10, the Ministry of Heavy Industries amended the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, increasing its total outlay to INR 119 billion and extending its duration from April 1, 2024, to March 31, 2028. The earlier Electric Mobility Promotion Scheme (EMPS-2024) has

On August 10, UK Government announced nearly GBP 130 million in investment to support zero-emission vehicle technology, skilled jobs, and growth across the country's automotive sector.
The funding, delivered through the Modern Industrial Strategy, is expected to support more than 1,800 jobs, along with thousands of a

Reported on August 9, 2026, Francisco Motors is developing a USD 100-million investment proposal for two electric vehicle (EV) models it intends to enroll in the Philippine government’s Electric Vehicle Incentive Strategy (EVIS): an electric jeepney and the battery-powered compact SUV Elektron.
The company plans a de

Reported on August 8, 2026, Indonesia is seeking to persuade Toyota Motor Corporation to shift its main production base from Thailand, with the Indonesian Finance Minister saying Jakarta is prepared to offer investment incentives and regulatory concessions.
Speaking at the Gaikindo Indonesia International Automotive

On August 4, the Ministry of Industry and Tourism of Spain announced  the opening of  applications for Line 1 of the Auto+ Program, which provides financial support to individuals buying electric and electrified vehicles.
Line 1 has a EUR 350 million budget and covers eligible vehicles purchased from January 1, 2026,

On July 29, 2026, the Philippines established the Electric Vehicle Incentive Strategy (EVIS) Program through Executive Order (EO) No. 121 signed by the President. The initiative introduces fiscal support measures aimed at encouraging domestic manufacturing of hybrid and battery electric vehicles (EVs), along with EV

On July 21, the Ministry of Industry and Tourism of Spain announced that the Council of Ministers had approved a Royal Decree to implement the Auto+ Plan, which aims to increase purchases of electrified vehicles with a high level of European manufacturing and encourage the renewal of Spain's vehicle fleet. The approv

On July 20, GAC announced that it has been officially approved to participate in Brazil's Green Mobility and Innovation (Mover) program, a federal initiative to encourage investment in Brazil's automotive industry through innovation, energy efficiency and technological development.
Under the program, eligible automak

On July 14, the European Commission (EC) approved EUR 659 million in German State aid to support the establishment of four first-of-a-kind facilities in the semiconductor value chain.
SME Element 3-5 GmbH will receive EUR 353 million to establish a first-of-a-kind factory for SiC epi-wafers in Baesweiler, North Rhine

On July 13, California Governor Gavin Newsom signed legislation creating state rebates of USD 3,500 on new EVs for first-time buyers beginning later this summer, in a USD 270 million rebate program funded by the state budget and automakers. 
The program, called MyFirstEV, is funded equally by California’s state budge

According to an announcement published on the official website of China’s Ministry of Finance (MOF) on July 3, the MOF, the State Taxation Administration (STA), and the Ministry of Industry and Information Technology (MIIT) recently jointly released the Announcement on Adjusting the Vehicle and Vessel Tax Incentive P