PUBLISHED : 8 Oct 2024 at 07:25
The National Electric Vehicle Policy Committee will be asked to consider easing EV manufacturing requirements by allowing manufacturers, notably Chinese EV makers, to reduce their production output due to sluggish car sales, says the Federation of Thai Industries (FTI).
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PUBLISHED : 8 Oct 2024 at 07:25
The National Electric Vehicle Policy Committee will be asked to consider easing EV manufacturing requirements by allowing manufacturers, notably Chinese EV makers, to reduce their production output due to sluggish car sales, says the Federation of Thai Industries (FTI).
Automakers who were granted incentives under the EV3.0 scheme are required to assemble EVs locally from 2024 and meet production targets set by the government.
EV3.0 refers to a package of incentives including lower excise tax and import duties as well as subsidies to promote EV consumption and…