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Reduce EV tax to 2%, sales soar
the wind changes direction
8 Jun 2022 5:48 a.m.
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Today I have good news, electric cars or EVs. Let's tell each other. The Excise Department has announced the reduction of the excise tax on electric vehicles from 8% to 2% in the Government Gazette. It's done on Monday, June 6, fresh and hot, effective from Tuesday, June 7 after a delay for more than 6 months, allowing sellers who are waiting for tax reduction measures to deliver the car to customers immediately. It must have been delivered today. After the announcement of the tax reduction of the Excise Department's EVs I've been getting complaints from buyers and sellers for quite some time. After the announcement since 29 November 2021 to promote the use of EVs causing a large number of buyers of electric vehicles but can't deliver the car because there has not yet been an official tax reduction announcement
But today, the tax reduction has been announced.
The cars can be delivered now. I believe that electric cars will sell more.
Save money and save more fuel.
Previously, the Excise Department has announced a reduction of import tax on electric vehicles from 40% to 0%, or up to 40%, effective from May 3, 2022, and announced that subsidies for people to buy electric cars get a maximum discount of 150,000 baht per vehicle, effective from 30 May 2022, the latest on Monday announced
Reduce excise tax from 8% to 2% with many electric car companies participating in the project such as MG, Great Wall, Toyota.
Providing subsidies for 150,000 baht per vehicle and reducing excise taxes from 8% to 2%, resulting in a significant reduction in electric vehicle prices, for example, the MG camp reduced the price of 227,000 baht per vehicle, making the selling price of the MG ZS EV at 942,000 baht per vehicle. ORA GOOD CAT, a reduction of 160,000 baht per car, immediately made the electric car market bustling again. Previously, MG camp had reservations for more than 6,000 EVs, but had to stop accepting reservations to wait for clarity on the excise tax reduction.
Khun Nuttakorn Utensut, spokesman for the Excise Department, revealed that there are 3-4 other electric car camps interested in joining the measures to promote the use of EVs as a whole.
electric and electric motorcycle
Expect to see a contract signing together at the end of June.
This will give people more choices in their decision to buy EVs from the original only 5 camps. Currently, there are more than 10,000 electric car reservations. It is expected that this year there will be more bookings for electric cars.
20,000-30,000 cars, but there is a factor that must be tracked
Chip shortage in electric vehicle production
Mr. Wattanapong Kurovat, Director of the Energy Policy and Planning Office
secretary
The National Electric Vehicle Policy Commission said that 1,236 electric cars registered in the first quarter of this year, an increase of 172.2 percent compared to the previous quarter.
causing the cumulative number of electric vehicle registrations until April to increase to 5,614 units, but this year will begin to see
Electric motorbikes are increasing, especially for food delivery operators and deliver goods because the price of petrol is more expensive.
The Ministry of Energy will accelerate the installation of EV Charging Stations in public areas to be sufficient.
with electric vehicles
Currently, there are only 944 locations nationwide and aims to have 1,450 battery replacement stations by 2030.
Most recently, billionaire Elon Musk's electric car Tesla came to set up Tesla (Thailand) Co., Ltd. to sell electric cars in Thailand, but Elon Musk pushed to set up a Tesla car factory in Indonesia.
instead of setting up in Thailand
to take advantage of
ASEAN Free Trade Area
Sending cars to sell in Thailand without tax.
which will reduce the price of 7-8 hundred thousand baht per car, from over 3 million baht per car to 2 million baht, really stinging, Mr. Elon Musk
I believe the sales of electric cars this year will definitely skyrocket. Fear that before 2030, electric car sales will exceed the target of 30% of the vehicles manufactured in Thailand as planned.
"The wind changes direction"
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