EV Board Approves New Tax Structure for Domestic Parts Production

Khaosod•Economy•10d ago

Reader Briefing

The National Electric Vehicle Policy Committee approved a new excise tax structure to incentivize the production and use of electric vehicle parts in Thailand.

•The EV Board approved the tax structure principles on September 10, 2026.
•The new tax structure aims to attract long-term investment and establish Thailand as a global production hub for all EV technologies.
•Two sub-committees were established to drive the automotive production chain and charging infrastructure.
•BEV registrations increased by 88% in the first seven months of 2026 compared to the previous year.

Overview

•The National Electric Vehicle Policy Committee (EV Board) held a meeting on September 10, 2026, chaired by Ekniti Nitithanprapas.
•The EV Board approved a new excise tax structure that links import conditions to actual domestic production and increases taxes for importers without local factories.
•The EV Board established a sub-committee for promoting modern automotive and parts production, chaired by the Minister of Industry, to handle the production chain and battery waste.
•The EV Board established a sub-committee for developing charging infrastructure, chaired by the Minister of Energy, to ensure sufficient charging systems and update regulations.
•As of August 31, 2026, the Board of Investment (BOI) has promoted 189 EV-related projects with total investment of 151,372 million baht.
•During the first seven months of 2026, there were 126,950 BEV registrations, and xEV vehicles accounted for 55% of all car registrations.
•Mitsubishi, Honda, Mazda, and Isuzu have plans for additional investments exceeding 50,000 million baht to develop new models and automate production lines.

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Key Entities

Organization

National Electric Vehicle Policy Committee(คณะกรรมการนโยบายยานยนต์ไฟฟ้าแห่งชาติ)

Also known as the EV Board, this body approved the principles for adjusting the electric vehicle excise tax structure.

EV Board(บอร์ดอีวี)

The abbreviated name for the National Electric Vehicle Policy Committee.

Board of Investment(คณะกรรมการส่งเสริมการลงทุน)

Also known as BOI, an organization that has promoted 189 EV and related projects as of August 31, 2026.

BOI(บีโอไอ)

The abbreviation for the Board of Investment.

Sub-committee for Promoting Modern Automotive and Parts Production Industry(คณะอนุกรรมการส่งเสริมอุตสาหกรรมการผลิตยานยนต์สมัยใหม่และชิ้นส่วน)

A committee chaired by the Minister of Industry responsible for the production chain and battery management.

Sub-committee for Developing Infrastructure to Support Electric Vehicle Charging(คณะอนุกรรมการพัฒนาระบบโครงสร้างพื้นฐานเพื่อรองรับการอัดประจุยานยนต์ไฟฟ้า)

A committee chaired by the Minister of Energy responsible for charging infrastructure and regulation updates.

Mitsubishi(มิตซูบิชิ)ℹ️

A company with a production base in Thailand planning additional investments for new models and automation.

Honda(ฮอนด้า)ℹ️

A company with a production base in Thailand planning additional investments for new models and automation.

Mazda(มาสด้า)ℹ️

A company with a production base in Thailand planning additional investments for new models and automation.

Isuzu(อีซูซุ)ℹ️

A company with a production base in Thailand planning additional investments for new models and automation.

Person

Narueit Therdsteerasak(นฤตม์ เทอดสถีรศักดิ์)

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

Ekniti Nitithanprapas(เอกนิติ นิติทัณฑ์ประภาศ)ℹ️

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