THAILAND

Charging up the EV market

Business, Piyachart Maikaew, Published on 18/09/2017

» The government is offering full support to electrical vehicle (EV) manufacturers, including a series of excise tax cuts and promotional privileges that have attracted car assemblers to invest in the sector as a means to prop up sales of the eco-friendly vehicles. But there are hiccups that could potentially thwart the government's EV vision as high pricing and job losses come into play.