Honda, Philippines and Tax

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Philippines

Tax

Thailand’s EV industry growing rapidly

Green Car Congress

MARCH 18, 2020

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.

Industrial

Industrial Industry Thailand Brunei

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

Setec Powerr

NOVEMBER 30, 2022

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. Japanese cars firmly dominate the Thai car market.

Asia

Asia Chinese Thailand Companies

EV Driven

Thailand’s EV industry growing rapidly

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

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