Higher EV prices as Thailand to raise tax | The Next Move EP.38

THURSDAY, NOVEMBER 05, 2026

Thailand is set to raise the excise tax of electric vehicles in 2027, as business leaders expect that retailing prices of EV cars will become more expensive with over 100k Thai baht.

Due to persistent energy disruptions, Thailand and Asian economies by costly oil and LNG prices. 

Joshua Ngu, Vice Chairman and Head of Asia Pacific, Wood Mackenzie, said that regional cooperation is important with emerging technologies for energy. 

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