Technology

Govt approves incentives to promote EV shift

Govt approves incentives to promote EV shift

The cabinet on Tuesday approved a package of incentives including tax cuts and subsidies to promote a shift to electric vehicles (EVs) in Southeast Asia's major auto production base, a government spokesperson said. The package for 2022-2025 is in line with a zero emission vehicle policy plus a goal to ensure 30% of Thailand's total auto production are EVs by 2030, Thanakorn Wangboonkongchana told a news conference.

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