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Global Trade Alert

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Thailand: Government reduced the excise duty on certain mild hybrid electric vehicles (MHEV)

Description

On 4 December 2024, Thailand’s National Electric Vehicle Policy Committee (EV Board) granted local operation incentives to certain local mild hybrid electric vehicles (MHEV) manufacturers in the form ...

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Intervention Details

Intervention Type

Local operations incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

01 Jan 2028

Revocation date

31 Dec 2032

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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