Deco Green Energy Co, a Thai electric motorcycle manufacturer and distributor, signed an agreement yesterday with the Excise Department to promote battery electric vehicles (BEVs) under the government's subsidy and tax incentive measures.
The National Electric Vehicle Policy Committee will consider promotion measures for the production of electric vehicle (EV) batteries in Thailand, says Excise Department director-general Lavaron Sangsnit.
Toyota Motor Thailand on Friday signed an agreement to receive tax incentives and a subsidy for its battery electric vehicles (BEVs) from the Excise Department as part of a government push to make electric vehicles (EVs) more affordable.
The price of battery electric vehicles (BEVs) entitled to the state's subsidy and tax incentives will be reduced by at least 150,000-200,000 baht per car, said the Excise Department's director-general Lavaron Sangsnit.