Jai Dee Posted April 4, 2017 Share Posted April 4, 2017 Thai incentives for hybrids, PHEVs, EVs include tax holidays – excise tax for imported green cars slashed Late last month, Thailand’s Board of Investment (BoI) approved promotional privileges for manufacturers of green cars including hybrids, plug-in hybrids (PHEVs) and full electric vehicles (EVs). The carrot includes tax holidays of five to eight years, with the intention to make the “Detroit of the East” – big in pick-up truck and small car production – a hub for future green cars. Passenger cars, pick-up trucks and buses are eligible, with different levels of privilege dished out according to the level of technology, Bangkok Post reports. Makers of hybrids are entitled to a tariff exemption for imported machinery, while PHEV investment is eligible for a corporate income tax exemption for three years and import tariff exemptions on machinery. PHEV investors who manufacture more than one key EV part will be entitled to an additional year of corporate income tax exemption per piece, but the combined tax exemptions cannot exceed six years. Read the full story from Paultan.org here. Link to comment Share on other sites More sharing options...
transam Posted April 4, 2017 Share Posted April 4, 2017 A carrot, let's wait and see......... Link to comment Share on other sites More sharing options...
Ace of Pop Posted April 4, 2017 Share Posted April 4, 2017 I dont think anyone would want to be Detroit of the East looking at the deserted Vehicle Factories n Houses there. Link to comment Share on other sites More sharing options...
canthai55 Posted April 4, 2017 Share Posted April 4, 2017 More smoke and mirrors. When all costs tallied, hybrids and EV's - over the course of their lives, are a net energy loser. Link to comment Share on other sites More sharing options...
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