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Bangkok Post
Bangkok Post
Business

More tax incentives for electric vehicles

Visitors get a close look at an electric vehicle at an automobile exposition in Nonthaburi province. (Photo: Varuth Hirunyatheb)

The cabinet on Tuesday approved two more tax incentives to promote use of electric vehicles and help make Thailand a major EV production base, Prime Minister Prayut Chan-o-cha said.

Speaking after the cabinet meeting, he said the annual road tax for private vehicles powered completely by electricity was cut by 80% for one year.

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