EV Board approves EV excise tax structure adjustment

MGR Online•Economy•10d ago

Reader Briefing

The National Electric Vehicle Policy Board approved principles to adjust the excise tax structure for electric vehicles to promote domestic production and part usage.

•The EV Board met on September 10, 2026, chaired by Deputy Prime Minister and Minister of Finance Ekniti Nitithandprapas.
•The new tax structure focuses on five key areas, including investment-driven imports and developing Thailand as a regional and global export hub.
•Two sub-committees were established to drive the modern automotive industry and charging infrastructure.
•Investment in the EV industry as of August 31, 2026, totaled 151,372 million baht across 189 projects.

Overview

•On September 10, 2026, the National Electric Vehicle Policy Board (EV Board) met to approve principles for adjusting the electric vehicle excise tax structure.
•The EV Board established two sub-committees: one for modern automotive and parts production and another for charging infrastructure development.
•The new tax structure will differentiate rates based on the level of investment, production, and value-added creation within Thailand.
•During the first 7 months of 2026, BEV registrations reached 126,950 units, an 88 percent increase from the previous year.
•As of August 31, 2026, the Board of Investment (BOI) promoted 189 EV-related projects with a total investment of 151,372 million baht.
•Battery production represents the highest investment value at 87,073 million baht, followed by BEV production at 38,563 million baht.
•The Permanent Secretary of the Ministry of Finance has been assigned to study measures to promote the use and production of commercial EVs and electric motorcycles.

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Key Entities

Organization

National Electric Vehicle Policy Board(คณะกรรมการนโยบายยานยนต์ไฟฟ้าแห่งชาติ)

The board that approved the principles for adjusting the electric vehicle excise tax structure.

EV Board(บอร์ดอีวี)

The shortened name for the National Electric Vehicle Policy Board.

Board of Investment(คณะกรรมการส่งเสริมการลงทุน)

The organization referred to as BOI which promotes investment in the EV industry.

BOI(บีโอไอ)

The acronym for the Board of Investment.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The ministry headed by the chairman of the EV Board.

Sub-committee on Promotion of Modern Automotive and Parts Production Industry(คณะอนุกรรมการส่งเสริมอุตสาหกรรมการผลิตยานยนต์สมัยใหม่และชิ้นส่วน)

A committee chaired by the Minister of Industry to develop the modern automotive production chain and manage batteries and vehicle scrap.

Ministry of Industry(กระทรวงอุตสาหกรรม)ℹ️

The ministry whose minister chairs the sub-committee on modern automotive and parts production.

Sub-committee on Development of Infrastructure for Electric Vehicle Charging(คณะอนุกรรมการพัฒนาระบบโครงสร้างพื้นฐานเพื่อรองรับการอัดประจุยานยนต์ไฟฟ้า)

A committee chaired by the Minister of Energy to develop charging infrastructure and related regulations.

Ministry of Energy(กระทรวงพลังงาน)ℹ️

The ministry whose minister chairs the sub-committee on EV charging infrastructure.

Person

Narit Therdsteerasak(นฤตม์ เทอดสถีรศักดิ์)

Secretary-General of the Board of Investment and member and secretary of the EV Board.

Ekniti Nitithandprapas(เอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance who chaired the EV Board meeting on September 10, 2026.