EV vehicle registrations have surged to 147,571 units in the first 7 months of 2026, exceeding last year's full 122,128—yet over 70% are imported. Domestic automakers and parts suppliers are calling on the government to balance EV promotion with protection of the local automotive industry; the current 8% excise tax gap (10% on imported EVs vs. 2% on locally assembled) may be insufficient to incentivize domestic production. Tax policy alignment and measures to support SME component suppliers are critical to maintaining Thailand's automotive manufacturing base while advancing EV adoption and emissions reduction goals.