On October 12, 2026, Thai Prime Minister Anutin, along with Industry Minister Warawut, met with former Japanese Prime Minister Fumio Kishida to discuss cooperation in the automotive and energy sectors.
The Thai Prime Minister explained excise tax measures for imported electric vehicles (EVs) amid concerns about their
Reported on October 8, 2025, the Thai Cabinet acknowledged a resolution adopted by the National Electric Vehicle Policy Committee (EV Board) on September 10 and tasked the Excise Department with reviewing the proposed restructuring of automobile excise taxes before submitting the proposal for Cabinet approval.
The pr
Announced on October 7, 2026, a Thai government delegation visited Samut Prakan province to assess flood-related disruptions to production and supply chains. The delegation also visited Toyota Motor Thailand in Samut Prakan and found that Toyota’s three vehicle assembly plants in Thailand (I / II/ III) had not been d
Announced on October 7, 2026, Thailand received investment applications from Japanese companies amounting to more than USD 11.72 billion (around THB 396.5 billion) for 1,380 projects recorded from 2021 through mid-2026, according to the Board of Investment (BOI). The BOI is focusing on high-growth sectors, including
Reported on October 7, 2026, the Federation of Thai Industries (FTI) said the current flooding is affecting the industrial sector, particularly the automotive industry and its supply chain in the Central and Eastern regions, causing damage to businesses and members of the public.
A key concern is that flood-affected
Reported on October 3, 2026, the Thai Prime Minister stated that Thailand is ready to welcome increased South Korean investment and advance bilateral economic cooperation during the 2026 ROK National Day reception on October 2.
South Korea is one of Thailand’s major trading partners, while Korean investment continues
For nearly four years, Thailand ran one of the most aggressive Electric Vehicle (EV) adoption experiments in Southeast Asia, and it worked almost too well. The EV 3.0 and EV 3.5 incentive packages, launched in 2022, offered excise tax cuts from 8% down to 2%, subsidies as high as THB150,000 ($4,500) per vehicle, and
Announced on September 21, 2026, Thai and Brazilian industry representatives held talks on September 18 on the automotive and auto parts sectors.
The participants exchanged views on developments in the automotive and auto parts industries in both countries and discussed approaches to expanding trade and investment ti
Announced on September 24, 2026, Thailand’s National Semiconductor and Advanced Electronics Policy Board has approved its first national semiconductor and advanced electronics strategy, targeting approximately USD 80 billion in cumulative investment, USD 150 billion in annual industry revenue, and more than 230,000 n
Announced on September 22, 2026, ASEAN and Hong Kong signed the First Protocol to Amend the ASEAN-Hong Kong, China Investment Agreement (AHKIA) on September 20 in Manila, the Philippines, covering additional investment market access.
Thailand, as coordinator of the agreement, led negotiations on the protocol, which i
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
In July, we published an article titled “Upward Revision for Thailand’s 2026 LV Sales and Scenarios After EV 3.5.” As expected, the Thai government is now restructuring its excise tax framework which involves lowering excise taxes for locally manufactured models that meet specific local content requirements and/or ra
Reported on September 10, 2026, Thailand’s Electric Vehicle Policy Committee (EV Board) agreed in principle to introduce a three-tiered excise tax structure for EVs at its first meeting. A conclusion is expected by the end of September 2026, after which the Finance Ministry is expected to submit the proposal to the C
Announced on September 9, 2026, Thailand’s automotive industry is facing increasing pressure as the shift toward electric vehicles affects its existing internal combustion engine (ICE) and pickup-truck production base, according to the Federation of Thai Industries (FTI).
Domestic vehicle sales rose 15.4% YoY in Janu
Reported on September 4, 2026, Thailand’s Electric Vehicle Policy Committee (EV Board) will meet on September 10, according to the Finance Permanent Secretary. The meeting was originally scheduled for September 7 but was postponed due to the House of Representatives’ budget deliberations scheduled for September 7–9.
Announced on September 7, 2026, Thailand’s BOI said Japan’s investment in Thailand is entering a new phase, with Japanese companies increasingly focusing on technology upgrades, production efficiency, and higher-value-added products. This trend is consistent with a Japan Chamber of Commerce (JCC) survey of 504 compan
Reported on August 30, 2026, Thailand’s Finance Ministry is weighing lowering excise taxes for manufacturers that invest in local production, use Thai-made raw materials or components, and manufacture vehicles for export. The proposed measures could apply to manufacturers of internal combustion engine (ICE), hybrid,
Reported on August 20, 2026, Japan has asked Thailand to review tariffs on automotive products ahead of the scheduled 2027 comprehensive review of the Japan-Thailand Economic Partnership Agreement (JTEPA), with no changes to tariff rates agreed so far.
JTEPA, which took effect in 2007, requires a comprehensive review
Announced on August 20, 2026, via a social media post, the Thai Electric Vehicle Association (EVAT) clarified its position on the restructuring of import duties on completely built-up (CBU) electric vehicles, saying it has been in ongoing discussions with government agencies and is still compiling its proposal in con
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