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BoI seeks approval for another two carmakers to produce EVs in Thailand

snoop1130
in Thailand Motor Discussion

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BoI seeks approval for another two carmakers to produce EVs in Thailand

By The Nation

 

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The Board of Investment or BoI will propose that its board approve tax incentives for two auto firms to produce electric vehicles (EVs) with a combined investment value of up to Bt10 billion, at this Wednesday’s meeting chaired by Prime Minister Prayut Chan-o-cha.

 

In making the announcement on Monday, BoI secretary-general Duangjai Asawachintachit said Honda would be one of the two carmakers to benefit.

 

The BoI has previously approved proposals from three auto firms – Toyota, BMW and Mercedes-Benz – to produce EVs in the Kingdom.

 

The agency will also propose that five firms applying for incentives to produce batteries for EVs are also approved at the meeting, she said.

 

Source: http://www.nationmultimedia.com/detail/Economy/30350646

 
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-- © Copyright The Nation 2018-7-23
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