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Bangkok Post
Bangkok Post
Business

Mercedes-Benz to make EVs in Thailand

Mercedes-Benz showcased its fully electric EQS 500 model at the Thailand International Motor Expo in Bangkok last week. (Photo: Kingsley Wijayasinha)

Mercedes-Benz Group has committed to manufacturing electric vehicles in Thailand after signing an agreement to import its battery-powered cars as part of a government plan to bolster the country’s status as a clean automaking hub.

The luxury carmaker will receive benefits including lower import duties and excise taxes for each fully electric car brought into the country by its Thai unit through 2023, said Ekniti Nitithanprapas, director-general of the Excise Department. 

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