The Thai government plans to raise excise duty on imported electric vehicles early next year to protect existing manufacturers and encourage investment in local manufacturing. Thailand's Ministry of Finance plans to raise the excise duty on electric vehicle imports from the current 10% to "at least 30%" starting January 1, 2027. Sales of electric vehicles (BEV) in Thailand more than doubled in the first eight months of 2026 to 149,130 ​​units, accounting for nearly a third of total vehicle sales in the country. The logic is watery. First the market and demand, then obligations and incentives for localization. "NEV news" in-MAX.

The Thai government plans to raise excise duty on imported electric vehicles early next year to protect existing manufacturers and encourage investment in local manufacturing. Thailand's Ministry of Finance plans to raise the excise duty on electric vehicle imports from the current 10% to "at least 30%" starting January 1, 2027. Sales of electric vehicles (BEV) in Thailand more than doubled in the first eight months of 2026 to 149,130 ​​units, accounting for nearly a third of total vehicle sales in the country. The logic is watery. First the market and demand, then obligations and incentives for localization. "NEV news" in-MAX.