Thailand Cabinet revises EV promotion strategies to prevent market oversupply and price wars

News
Policy & Regulation
ATI News Team

Thailand extends the EV3 and EV3.5 registration timelines, as well as revises production compensation, export incentives and subsidy controls

The Thai Cabinet has approved changes to its electric vehicle promotion strategies, specifically targeting the EV3 and EV3.5 measures, to prevent potential market oversupply and price wars.

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