Thailand's Deputy PM and Finance Minister Ekniti Nitithanprapas announced the government will restructure car excise tax rates to level the playing field for domestic automakers operating factories in Thailand. The reform will benefit manufacturers across EV, internal combustion, and hybrid segments—not just EV makers. Tariff disparities from free trade agreements currently disadvantage local producers. The Finance Ministry is racing to finalize details by September 2026 for Cabinet approval. Battery tax restructuring is deferred to a later phase.