Key facts
- Thailand plans to raise the excise tax on imported EVs to 35% from 10%, according to Nikkei Asia.
- Nikkei Asia said the change aims to promote local production in response to an influx of finished cars from China.
- The report said the higher levy is likely to weigh on Chinese brands and help Japanese manufacturers.
Thailand plans to raise its excise tax on imported electric vehicles to 35% from the current 10%, Nikkei Asia reported on November 3, 2026. The report said the government is seeking to promote local production in response to an influx of finished cars from China.
The report said the levy change is likely to weigh on Chinese brands and help Japanese manufacturers. It did not name the brands affected or give a date for the change to take effect.