Thailand to raise tax on imported EVs to 35% as Chinese brands gain ground

Nikkei Asia · APORNRATH PHOONPHONGPHIPHAT · 2026-11-03 07:10 UTC

Higher levy aims to spur local output; likely to help Japanese manufacturers

BANGKOK -- Thailand will raise its excise tax on imported electric vehicles to 35% from the current 10%, as it seeks to promote local production in response to an influx of finished cars from China.

Higher levy aims to spur local output; likely to help Japanese manufacturers

An electric vehicle is displayed at the Bangkok International Motor Show 2026 on March 23. (Photo by Ken Kobayashi)

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