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As Chinese EVs reshape Thailand's car industry, higher taxes bring new uncertainty

Thailand is sharply increasing taxes on imported electric vehicles to encourage domestic manufacturing and protect its established automotive industry. But the policy could raise prices and narrow consumer choice, experts said.

First reported by CNA 1 source
Image: CNA
Image: CNA
Read at CNA(opens in a new tab)

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  1. CNA

    As Chinese EVs reshape Thailand's car industry, higher taxes bring new uncertainty (opens CNA in a new tab)

    Thailand is sharply increasing taxes on imported electric vehicles to encourage domestic manufacturing and protect its established automotive industry. But the policy could raise prices and narrow consumer choice, experts said.

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