Bangkok: The Cabinet approved a review of the EV3 resolution to increase flexibility and further push Thailand towards becoming a global hub for electric vehicle production. Ms. Lalida Periswiwatana, Deputy Spokesperson for the Prime Minister’s Office, revealed that the Cabinet has agreed to reassess the Cabinet resolution dated April 8, 2025, which pertains to the extension of the production compensation period under the electric vehicle (EV3) promotion measures. This review is intended to align with the current situation in the electric vehicle industry and enhance the efficiency of relevant agencies.

According to Thai News Agency, the review is consistent with the resolution of the National Electric Vehicle Policy Committee meeting No. 1/2024. It involves adjusting the role of the Excise Department to directly issue related regulations within its authority. This adjustment aims to effectively support the implementation of EV3 and EV3.5 measures and reduce the review process at the Cabinet level.

The deputy spokesperson for the Prime Minister’s Office noted that this adjustment will increase flexibility for businesses, reduce the risk of oversupply, protect against the impact of global economic volatility, and mitigate the risk of price wars that could affect the stability of domestic industries.

The government’s measures to promote electric vehicles are a crucial mechanism for driving the transformation of Thailand’s automotive industry towards future vehicles, specifically Zero Emission Vehicles (ZEVs). They help maintain the country’s automotive manufacturing base, enhance competitiveness, and enable Thailand to sustainably become a global hub for the production of electric vehicles and key components.