Announced on April 28, 2025, the Thai Cabinet has approved (i) a reduction in excise tax for hybrid and mild hybrid vehicles to between 6% and 12%, and (ii) an extension of the production period for compensatory vehicles under the EV3 program to better align with domestic market conditions. 
These measures are design

On April 29, 2025, the Deputy Minister of Finance announced that the Cabinet has approved adjustments to the excise tax rates for PHEVs.
Currently, PHEVs, like HEVs, are taxed based on CO2 emissions. However, starting January 1, 2026, separate tax rates will apply. PHEVs with an electric range of at least 80 km per c

On April 23, 2025, the Thai Minister of Commerce met with the Ambassador of Sweden to Thailand to discuss economic developments, Thailand’s strong export growth, and rising investment in future-oriented sectors such as printed circuit boards (PCBs).
Swedish businesses were encouraged to expand their investment in Tha

Reported on April 17, 2025, Thailand’s newly introduced tax exemption for companies investing in commercial electric vehicles is seen as a step toward wider EV adoption, though industry players said further measures are essential to drive a faster transition to sustainable, eco-friendly transport.
Approved by the Cab

Reported on April 10, 2025, the Federation of Thai Industries (FTI) has raised concerns over the U.S.’s new 36% reciprocal tariff, which is impacting 4 key Thai industries: automotive, steel, energy, and food. 
According to the FTI’s Automotive Industry Club, Thailand exported approximately 32,000 vehicles worth USD

On April 3, 2025, the Thai Auto Parts Manufacturers Association (TAPMA) officially inaugurated Future Mobility Thailand 2025 (FMT 2025) in Bangkok under the theme "Driving Tomorrow: Innovating for a Sustainable and Connected Future."
At the event, the Thai Industry Minister unveiled 3 core strategies to advance Thail

Reported on April 3, 2025, the University of the Thai Chamber of Commerce (UTCC) revealed that recent U.S. tariff hikes will significantly affect 4 Thai export categories: steel, steel products, aluminum, and automobiles/auto parts.
As a result of the new tariffs, the total export value for these categories in 2025 i

Reported on March 28, 2025, Thailand's Board of Investment (BOI) led a delegation to India from March 24 to 27, meeting with 15 major Indian companies in Hyderabad and Mumbai. The BOI highlighted Thailand’s strategic advantages as an investment destination.
In the automotive sector, the meeting with TATA Motors focus

On March 21, 2025, the Thai government announced a measure to guarantee pickup truck hire-purchase loans. The move aims to support the sluggish local automotive industry, along with its supply chains and related jobs.
The initiative, under the Thai Credit Guarantee Corporation (TCG), is designed to help SMEs and smal

Announced on March 17, 2025, WHA Industrial Development PCL (WHAID) held the groundbreaking ceremony for the WHA Eastern Seaboard Industrial Estate 5 (WHA ESIE 5) on March 11 in Thailand.
Spanning a total area of 4,000 rai in Ban Khai District, Rayong, WHA ESIE 5 (Phase 1) emphasizes targeted industries, including au

Reported on March 15, 2025, Thailand’s Automotive Human Resource Development Academy (AHRDA) pointed out that workers without rapid upskilling and reskilling will struggle to transition to other sectors increasingly reliant on automation, robotics, and AI, particularly for SMEs in the automotive industry.
Based on th

Reported on March 12, 2025, Thailand’s Board of Investment (BOI) revealed that it would join forces with relevant ministries to strengthen Thailand’s infrastructure, promote clean energy, and enhance digital capabilities. These initiatives are expected to attract foreign investment and create a skilled workforce for

Announced on March 8, 2025, the Thai Ministry of Industry has clarified that there is currently no implementation of the car trade-in scheme to stimulate the local auto industry. 
According to the Anti Fake News Center (AFNC) by the Thai Ministry of Digital Economy and Society, a news report about the government’s po

Announced on March 11, 2025, the Thai Industry Minister led a group of senior executives to visit China between March 4–7 to discuss industrial cooperation with Chinese giants, including GAC Group, BYD Auto, and Huawei Technologies, highlighting Thailand's strategic strengths for investments.
During the discussion wi

Reported on March 11, 2025, the Thai Auto-Parts Manufacturers Association (TAPMA) praised the "Japan First" policy by the Thai government that aims to attract high-tech automotive investments across ICE vehicles, EVs, and HEVs. This policy encourages the use of locally manufactured auto parts and fosters innovation i

Reported on March 7, 2025, the Thai Credit Guarantee Corporation (TCG)'s pickup loan guarantee program, set to begin in April, is expected to help stimulate the slow auto market.
The planned THB 10 billion credit guarantee fund is projected to support around 12,500 SMEs in Thailand seeking to buy new pickups, improvi

Announced on March 3, 2025, the Thai Minister of Industry has met with the Vice Chairman of the National Institution for Transforming India Aayog (NITI Aayog) and senior executives of the Indian Commission to discuss the direction of industrial cooperation between Thailand and India. 
The representatives of both side

Reported on March 1, 2025, the Thai Deputy Finance Minister revealed that the Excise Department's plans to revise the tax structure for PHEVs include removing the requirement related to (i) the size of the fuel tank, currently set at 45 liters, and (ii) the criteria for CO2 emissions.
The latter caused manufacturers

Announced on February 24, 2025, Thailand’s BOI Secretary-General detailed discussions with Japanese investors during his visit to Japan from February 19 – 21.
At The Thailand-Japan Investment Forum 2025 held in Tokyo, the event attracted over 400 seminar attendees from various sectors, including automotive, electroni

Announced on February 10, 2025, the Thai Ministry of Industry has called for the postponement of the Euro 6 standard enforcement in the commercial vehicle sector until 2032.
The delay is expected to allow manufacturers of heavy-duty vehicles to further prepare for the transition. The Ministry is concerned about the w