Thailand BOI Approves US6.2 Billion in Investments, Including Foxconn-PTT’s EV Venture, and Improved Battery, Smart Zones Incentives
The Thailand Board of Investment (BOI) at a meeting today approved a combined 209.5 billion baht (US 6.2 billion) worth of investment applications in manufacturing and infrastructure projects, including 36.1 billion baht by Horizon Plus Co., Ltd., a joint venture between Taiwan’s Foxconn and Thailand’s PTT PCL, to make battery electric vehicles (BEV), and approved enhanced benefits for investment in battery production, building up on […]
Thailand charges towards an electric car future, with a few speed bumps
Thailand has the biggest automotive industry in Southeast Asia and the 12th largest in the world. Most of those coming out of Thai factories, well just about all really, are standard internal combustion engines with a few ‘hybrid’ models sprinkled in there as well. The hybrids include electric motors and charging systems which saves fuel and load on the […]
Thailand develops E-buses for Bangkok bus service
The management of the Metropolitan Electricity Authority (MEA) followed up the development of electric buses and proposed the Bangkok Mass Transit Authority (BMTA) turn its buses into electric ones.
Thailand eyes tax rate for electric vehicles as part of ‘net zero’ dream
BANGKOK (The Nation/Asia News Network): The Finance Ministry has called on the Excise and Customs Department to come up with a tax rate for electric vehicles (EVs) soon, as part of Thailand’s dream to achieve zero emissions by 2065.
Thailand is turning into regional frontrunner in electric vehicle (EV), from luxury cars to tuk-tuks
By the end of 2022, a fully-electric Mercedes-EQS will roll off a production line in Bangkok to mark another milestone in Thailand’s remarkable journey from conventional automaking hub to regional frontrunner in electric vehicle (EV) production, according to an article published by the country’s Board of Investment (BOI).
Thailand Issues New Incentive Package for Electric Vehicle Industry
In February 2022, Thailand released new government incentives for its electric vehicles (EV) industry as part of its ambitious plan to transform 50 percent of its total auto production to EVs by 2030 and become a production base for cleaner vehicles in Southeast Asia. The new incentive package includes significant exemption in import duty and […]
Thailand Issues New Incentive Package for Electric Vehicle Industry
In February 2022, Thailand released new government incentives for its electric vehicles (EV) industry as part of its ambitious plan to transform 50 percent of its total auto by 2030 and become a production base for cleaner vehicles in Southeast Asia.
Thailand launches electric motorbike taxis, boats
The EGAT’s goal for motorcycle taxi riders in Bang Kruai district, Nonthaburi province, is to encourage a switch to 51 pilot electric motorcycles. They can run for 100 kilometers on a single charge at a maximum speed of more than 80 kilometers per hour, reported the National News Bureau of Thailand (NNT).
Thailand offers tax breaks and subsidies to rev up EV shift
BANGKOK — Thailand has approved a package of financial incentives to encourage drivers and automakers to switch to electric vehicles in a bid to transform the country into a production hub for cleaner cars.
Thailand partnering with South Korea on electric bus development
BANGKOK — An all-electric bus with the national flags of South Korea and Thailand printed side by side sits on a campus of one of the national research universities on the southern side of Bangkok. The electric bus is a joint project between Korea and Thailand, led mainly by Korean automaker Edison Motors, which currently […]