Thailand boosts EV push with truck incentives, battery grants ...Middle East

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Thailand boosts EV push with truck incentives, battery grants
BANGKOK: Thailand’s National Electric Vehicle Policy Committee (EV Board) has approved incentives to encourage companies to transition their commercial fleet of trucks and buses to battery electric vehicles (BEV).This move aims to reduce emissions and support Thailand’s ambition to become a leading hub for EV manufacturing and adoption.The EV Board, chaired by Prime Minister Srettha Thavisin, also approved cash grants for EV battery cell manufacturers.Thailand Board of Investment (BOI) secretary general Narit Therdsteerasukdi said the measures will complete the subsidy scheme EV3 and EV3.5 for the passenger cars sector by focusing on large commercial vehicles.“We believe this will significan

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