Cabinet allocates mid-year 2024 budget to support EV3 electric vehicles, totaling 7 billion baht, after bookings increased from the set budget.
Mr. Jirayu Huangsap, advisor to the Prime Minister, said that the Cabinet meeting approved the 2024 central budget to support the use of electric vehicles such as cars and motorcycles in the amount of 7,125 million baht to support the EV3 measures, such as 1. Purchase of passenger cars or passenger cars with no more than 10 seats, Battery Electric Vehicle (BEV) type, with a recommended retail price not exceeding 2 million baht, will receive a subsidy of 70,000 baht. Passenger cars with a battery capacity of 10 kilowatt hours but less than 30 kilowatt hours will receive a subsidy of 150,000 baht for passenger cars or passenger cars with no more than 10 seats, with a battery capacity of 30 kilowatt hours or more.
By cars and motorcycles within January 31, 2024, which has received interest from the public to join the project, using the rights under the EV3 measure 90,
380 vehicles, subsidy 11,917 million baht, in the past, the Ministry of Finance received a budget of 6,947 million baht, disbursed 5,901 million baht, and the Treasury found that there was the production of electric vehicles to request the rights under the measure to support the use of electric vehicles, an additional 16,500 vehicles, budget 2,475 million baht, resulting in a budget to support the EV3 measure totaling 7,494 million baht. In the past, the Prime Minister agreed to spend the 2023 budget first to support the use of electric vehicles by the public.
Source: Thai News Agency