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February 26, 2024

Thailand boosts electric vehicle with up to 50% subsidy for factory construction

Thailand's EV Board approved two new stimulus measures on Feb. 21to boost local production of vehicle batteries and energy storage systems, as well as promote the development of electric buses and trucks.
February 23, 2024

Thailand’s new power plan expected to be implemented by Q2

Thailand’s new power development plan is expected to be finalized by Q2 and will focus more on renewable energy. The final decision on whether to include nuclear power as part of the alternative energy mix will be made by the minister.
February 01, 2024

Thailand, Germany looks to enhance green energy, EV investment

German President Frank-Walter Steinmeier visited Thailand from January 24th to 26th and met with Prime Minister Srettha Thavisin. Both sides pledged to strengthen trade cooperation and expand investment in clean energy and EV.
January 22, 2024

ASEAN EV booms, Thai and Indonesia contribute the most

The electric vehicle (EV) market in Southeast Asia is undergoing rapid expansion, with Ernst & Young Global Limited forecasting that annual EV sales in the ASEAN six countries could reach 8.5 million units by 2035.
January 18, 2024

Thai relaxes rooftop solar regulation to meet soaring demand

The Thai Ministry of Industry is currently amending the Factory Act, and starting as early as this year, rooftop solar installations with a capacity exceeding 1MW will no longer require obtaining a factory license.
January 17, 2024

Thailand’s Utility Green Tariff set to be launched next month

The public hearing on the Energy Ministry’s Utility Green Tariff (UGT) project is expected to be held this month, with the tariff anticipated to be implemented in February, as announced by Thailand’s Energy Minister Pirapan Salirathavibhaga on Jan 15.
January 15, 2024

Thailand ready for carbon tax, aligning with World Bank's five principles

Thailand is preparing to join the league of countries implementing a carbon tax. Ministry of Finance revealed that the department has been collaborating with both domestic and international organizations to draft carbon tax regulations.
January 11, 2024

Thailand accelerates lithium exploration to boost EV industry

To develop electric vehicle industry, Thailand is not only offering subsidies to increase incentives but also, according to the Minister of Industry, Pimpatra Wichaikul, has urged the DPIM to expedite for lithium ore sources.
November 09, 2023

Thailand scales down subsidies for EVs as sales boom

Electric vehicle sales in Thailand have seen significant growth this year. Thai government approved a drawn down subsidy package last Wednesday. Starting from next year and ending in 2027.
October 16, 2023

BOI announces initiatives for measures to support carbon credits, clearing the path to achieve 'Net Zero' goals

Thailand Board of Investment (BOI) prepares to implement measures to support carbon credits, paving the way toward achieving 'Net Zero' and providing additional special benefits.

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