FTI expects Thailand’s vehicle production to reach 1.55 million units following revised excise tax structure for imported EVs/REEVs in 2027
Announced on November 3, 2026, the Federation of Thai Industries (FTI) expects Thailand's automotive industry to grow by at least 7% following the implementation of the revised 35% excise tax rate for imported CBU BEVs and REEVs in 2027, with vehicle production reaching at least 1.55 million units. The FTI Chairwoman


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