Thailand has expanded incentives to boost the use of electric vehicles (EVs), the Board of Investment said on Thursday, as the country looks to preserve its status as a major Southeast Asian auto production hub.
Smaller charging stations will now be eligible for three-year tax benefits, an extra incentive on top of a five-year corporate income tax exemption available to investments in charging stations with at least 40 chargers, BoI secretary-general Duangjai Asawachintachit told a news conference.
