Thailand aims to become ASEAN’s electric vehicle hub
Thailand’s government has announced plans to transform the country into an electric vehicle and motorcycle hub of ASEAN within five years via state measures to boost demand, local media said on March 12.
Bangkok (VNA) – Thailand’s government has announcedplans to transform the country into an electric vehicle and motorcycle hub of ASEANwithin five years via state measures to boost demand, local media said on March12.
The government has drawn up a roadmap to promote EVs through state agencies andhas set a target to produce 250,000 EVs, 3,000 electric public buses and 53,000electric motorcycles by 2025.
Deputy Prime Minister Somkid Jatusripitak said the government wants to promoteThailand as the centre of a new generation of auto manufacturing.
The Board of Investment (BoI) should revise EV privileges for car and autoparts makers to make production more attractive, Somkid said.
In March 2017, the government launched EV promotional privileges for car andauto parts makers covering three types of EVs: hybrid, plug-in hybrid andbattery-powered. The privileges include tax holidays of 5-8 years and importduty exemptions for cars and machinery.
The government had a meeting on March 11 with the National New GenerationVehicle Committee to promote the state’s EV development scheme and discuss waysto promote sales as the market develops.
Industry Minister Suriya Juangroongruangkit said the EV master plan aims toincrease EV production to 30 percent of total annual car production, or about750,000 units out of 2.5 million by 2030.
The Industry Ministry plans to launch a three-year car and motorcycle trade-inscheme for those who bring in their old motorcycle and buy a new electric one.The state will subsidise 15,000 THB (475 USD) per motorcycle from a plannedbudget of 750 million THB (over 23.7 million USD).
The ministry agreed to speed up its EV policies, as the sector is beingpromoted as a target industry under the S-curve policy./.
Thai Prime Minister and Defense Minister Gen. Prayut Chan-o-cha took part in an activity to promote the "Disease-free Animals, Save Humans from Rabies" project.
The Thai cabinet has approved a stimulus package worth 400 billion THB (over 12.7 billion USD) to soften the blow of the COVID-19 outbreak on the local economy.
Thailand on March 11 cancelled the grant of visa on arrival for 18 countries and visa exemption for three others in an attempt to contain the spread of COVID-19 outbreak.
The Immigration Bureau has announced that all foreigners arriving in Thailand must now specify the countries they have recently visited on their arrival card, to filter out the potential spread of the COVID-19 virus.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
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Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.