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Thailand’s EV industry growing rapidly

Green Car Congress

The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Electric vehicle battery production is growing in Thailand, with manufacturing plants operated by SAIC, Honda, Toyota and a recently announced Mercedes production facility.

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Toyota Prius Over $150K In Singapore, Vin Diesel Not Impressed

Green Car Reports

The country, an island located on the tip of mainland Malaysia, is smaller than most cities, and one of the most prosperous nations in the world. Due to its (lack of) size, traffic is a big problem--so the government levies huge taxes on cars to.'

Singapore 140
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year. With regular government subsidy practices, solid tax adjustments, and transparent plans, this series of actions gives Chinese car companies a familiar smell. That is an unexplored continent that needs to be tapped.

Asia 97