Bangkok, April 27 -- The Thai Ministry of Transport is preparing an action plan to boost EV adoption by 300,000 vehicles, supported by tax incentives and a car trade-in scheme. Deputy Transport Minister Siripong Angkasakulkiat outlined two key measures following discussions with the Department of Land Transport (DLT), aimed at accelerating the shift from petrol-powered vehicles. The first measure is the expansion of the car trade-in policy which should include not only private vehicles but also public transport, particularly taxis. The plan seeks to encourage operators to switch to electric models to reduce fuel costs and urban air pollution. The second measure involves reducing annual vehicle tax for EVs and hybrid vehicles by up to 80% or...
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