Mass-market eco-car stimulus on the way | Bangkok Post: business - News Summed Up

Mass-market eco-car stimulus on the way | Bangkok Post: business


"The ministry is working on a new programme called Eco EV, which is aimed at offering incentives for eco-car makers," said Nattapol Rangsitpol, director-general of the Office of Industrial Economics (OIE). The Industry Ministry feels that its Plan B incentives will attract the top eco-car makers to manufacture in Thailand. (Graphic courtesy Royal Thai Embassy, Washington)The EV scheme also allows any applicant for hybrid EVs, plug-in hybrid EVs and battery EVs to combine production volume with the government's eco-car scheme, which requires a massive volume of 100,000 cars a year. But this tax privilege is solely intended to promote local EV production and will expire in late 2025. The government's eco-car scheme was issued in two phases, in 2007 and in 2013.


Source: Bangkok Post November 07, 2018 22:07 UTC



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