Thailand's EV Board has approved a three-tier excise tax framework designed to incentivize domestic manufacturing and local content usage over pure imports. The structure offers lowest rates for producers with high local content and in-country investment, middle rates for partial producers/importers, and highest rates for import-only players. The government will now work with the private sector on exact tax rates and grace periods. This policy shift, coupled with plans to redefine "Local Content" and introduce "Thai Content" bonuses, targets reducing import dependency and positioning Thailand as an EV export hub for right-hand-drive markets. Battery recycling and charging infrastructure are concurrent priorities.