ABeam upbeat on electric vehicle industry Sector set to expand rapidly post-pandemic The electric vehicle (EV) industry in Thailand is expected to grow rapidly after the pandemic is controlled, given the government’s greater efforts to boost EV sales and production, says global consulting firm ABeam Consulting (Thailand). In February, the cabinet approved a package of incentives including tax cuts and subsidies to promote EV consumption and production between 2022 and 2023. The subsidies range from 70,000 baht to 150,000 baht depending on the type and model of vehicle, while there will be lowe…

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