Thailand rules out further EV import curbs before 2027 tax rise
Imported battery EVs and range-extended EVs will face a 35 per cent excise tax from January 1, 2027, up from 10 per cent and 15 per cent respectively.
Thailand will leave electric vehicle import restrictions unchanged until higher excise duties begin on January 1, 2027, according to the Industry Ministry. The ministry cited the risk of complaints that further restrictions would amount to trade barriers.
Industry Minister Varawut Silpa-archa said the approved tax rise provided enough protection for the country's automotive sector and its supply chain. Imported battery EVs currently attract a 10 per cent rate, while range-extended EVs are taxed at 15 per cent. Both rates will rise to 35 per cent.
Industry observers expect imports and bookings to pick up in November and December 2026 as buyers and dealers try to avoid higher taxes. The Federation of Thai Industries has warned that an import surge could dampen demand in 2027.
The federation also flagged uncertainty about how vehicles ordered in 2026 but delivered after January 1 would be taxed.
Varawut said the increase was designed to encourage investment in Thai EV factories. He added that manufacturers, component suppliers and workers would need to adjust to shifts in technology and investment.
New industry permanent secretary Passakorn Chairat said foreign investors would continue to receive equal government support. He said the government aimed to develop the EV sector and strengthen Thailand's role as a regional manufacturing hub.
