BANGKOK, Sept. 10, 2026 — Thailand’s national EV board has decided to raise excise taxes on imported electric vehicles to encourage automakers to expand domestic production.
Reuters cited a Thai finance official saying the measure is intended to make locally produced EVs more competitive. The final tax rates and implementation date have not yet been fully detailed.
The move fits Thailand’s broader EV3.5 strategy, which links import incentives to local production obligations.
For foreign automakers, the signal is increasingly clear: access to Thailand’s EV market is being tied more closely to investment and production inside the country.
Key details to watch are the final tax rates, effective date and affected vehicle categories.
Vihok News
Sources: Reuters, Thailand PRD
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