Dismantling the import tax on electric cars to encourage Thai people to switch to electric cars

Mr. Santi Praumphat, Deputy Minister of Finance, revealed that he had ordered the Customs Department to expedite the study in detail on the restructuring of the import tax on electric vehicles or EVs as a whole. Because now the import tariffs on electric vehicles in each country are different, for example, China has been granted the right to free trade agreements (FTAs) without having to pay taxes. But if it is produced in some countries such as Europe, the United States, still have a high tax rate because there is no free trade agreement with Thailand. The objective is to encourage Thai people to switch to electric cars. and incentivize the investment in producing more electric cars in the country according to government policy “Reduction of import tax on electric vehicles Must be motivated to use more But must not affect the production of cars in the country. Since Thailand is a manufacturing base for exports, the adjustment of electric vehicle import tax must be balanced on both sides of both the user and the manufacturer. But the taxes of each country are not necessarily equal, but are more balanced. In the future, the price of electric cars will definitely be lower. And there are many models for customers to choose from.”