Tax on EV batteries to be introduced
The Excise Department is preparing to propose the establishment of a fund to support and develop electric vehicles (EV), and says that a tax on the EV battery will be collected to cover the costs of managing and monitoring its recycling and treatment, its director general Patchara Anuntasilpa, announced this week.
“EV owners will pay up to Bt1,000 for each of their batteries depending on its size,” he explained after a meeting on the subject. “When EV owners return their expired batteries, their money will be paid back to them.”
The director general explained that the fund does not cover the treatment of expired batteries, but will be used monitor the correctness of the treatment operated by each automobile company.
Presently, there are no battery treatment factories in Thailand at present and automobile companies sent their expired batteries to be treated in foreign countries.
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