Government Okays 7.12 Billion Baht for Electric Vehicle Grants

[snoop1130]

 

The government has given the green light for the allocation of 7.12 billion baht to fund an electric vehicle (EV) incentive scheme, with the aim to stimulate the country's shift to environmentally-friendly transport. This funding will offer grants to buyers of EVs and electric motorcycles who have made purchases, but not yet applied for the government's EV incentive.

 

So far, 6.87 billion baht in grants has been disbursed to assist 55,000 EVs, with over 5 billion baht set aside for disbursement. In the first stage of the EV 3.0 scheme, EVs priced below 2 million baht were granted up to 150,000 baht, and electric motorcycles priced below 150,000 baht received up to 18,000 baht. The grants are sent directly to the manufacturers, and customers can claim the grant once their vehicles are registered.

 

 

 

 

The second stage, known as EV 3.5, which is set to run from 2024 to 2027, will offer grants from 20,000 to 100,000 baht based on the battery size of the vehicle. This is a move to help Thailand reach its goal of having EVs represent 30% of all vehicle production by 2030, leading to a 40% drop in greenhouse gas emissions.

 

To qualify for the scheme, manufacturers need to meet domestic production standards by 2024 or face increased standards in 2025. This condition has already driven significant investments in the country, with over 80 billion baht allocated to the creation of EV production bases in Thailand. The government hopes that these steps will speed up the growth of the EV industry and aid in achieving its sustainable development goals.

 

File photo for reference only

 

-- 2024-09-25

 

[JoePai]

Hmm why are they wasting my tax baht's on these milk floats  😡

[worgeordie]

They will I am sure ,have upped the electricity supply,

before all these electric vehicles hit the roads ,

 

regards worgeordie

[NoDisplayName]

33 minutes ago, snoop1130 said:

To qualify for the scheme

 

Hub of schemes.

[bkk6060]

EVś are a dead industry.  People who wanted them have purchased them already.  And, many want to go back to gas cars.

A big waste of WOKE Starbuck/Apple want a bee nothingness.

 

According to McKinsey, 46 percent of EV drivers in the U.S. said they're likely to go back to a traditional engine in their next vehicle. Across the globe, the biggest concern for the consumers was not the cars themselves, but the inadequate public charging infrastructure where they live, which could leave them stranded on the road, especially on long trips. The cost of upkeep and maintenance is also an obstacle that many EV owners struggle to overcome. 

Edited 1 hour ago by bkk6060

[dinsdale]

I guess Chairman Xi has been on the phone.