Thailand approves steep tax hikes on imported EVs
Thailand's cabinet on Tuesday approved an excise tax increase on fully imported battery electric ‌vehicles to 35% from 10% starting January, Finance Minister Ekniti Nitithanprapas said, a move aimed at encouraging investment and local production.
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- Thailand approves steep tax hikes on imported EVs bangkokpost.com
- Thailand to raise tax on imported EVs to 35% to spur local output asia.nikkei.com