Car Makers to Cut EV Prices on Tax Reduction
Many car manufacturers are interested in lowering the prices of their electric vehicles due to tax incentives and subsidies from the government, according to the chief of the Excise Department.
Many car manufacturers are interested in lowering the prices of their electric vehicles due to tax incentives and subsidies from the government, according to the chief of the Excise Department.
The government’s newly introduced measure to deduct tax worth up to 30,000 baht for purchases of products and service in the fourth quarter of this year can boost retail but will have limited effects on employment and small and medium enterprises, according Kasikorn Research Center.