With the EV3.5 package, the maximum import duty for CBU imports will also be reduced by 40%. [completely built unit] EV vehicles in the first two years after the package takes effect in 2024 and 2025.
If the price of imported EVs does not exceed 2 million baht, the excise tax will be reduced from 8% to 2%.
However, importers will have to invest and manufacture EVs domestically to supplement imported vehicles at a rate of two locally produced EVs for every imported vehicle by 2026. By 2027, this ratio will rise to three locally produced cars for every imported car.
Ladklao said the EV Commission has also made it mandatory for batteries in imported and locally produced EVs to undergo standard approval by the Center for Automotive and Tire Testing, Research and Innovation.
A spokesperson said that the EV Committee is working to make Thailand an EV hub under a policy called “30@30,” which aims to make 30% of all cars manufactured in Thailand into zero-emission vehicles. He also discussed and stated that he places great importance on this. By 2030.
The commission estimates that 725,000 BEVs and 675,000 electric motorcycles will be manufactured domestically by 2030.
He informed that Prime Minister Suretta Thavisin told the board during the meeting that Thailand will ensure that the ICE (internal combustion engine) industry gradually transforms into the EV industry.
Mr Sletta said the government should continue to support the EV industry as the current penetration rate among EV buyers is high and this is a good sign for the EV industry.
The Prime Minister said at the meeting that the government will support Thai people in developing knowledge about the EV industry. Educational institutions must be encouraged to support EV knowledge development.
The government also aims to make Thailand a complete hub for EV development, manufacturing, reuse and recycling.
The EV Commission also needs to work on EV battery recycling measures to ensure EVS are cared for throughout their lifecycle, or “from cradle to grave,” the spokesperson said, referring to Suletta’s remarks. Quoted.