Thailand's automotive industry, through the FTI, is pushing the government to apply the highest excise tax rate to imported EVs while offering lower rates to locally-assembled vehicles. The National Electric Vehicle Policy Committee has approved a three-tier excise tax structure, with Tier 3 (fully imported EVs) facing the highest rate. The government is considering a 30% excise tax on imported EVs to encourage foreign automakers to establish local production facilities. This policy directly impacts SMEs in Thailand's automotive supply chain and EV importers.
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