Hyundai
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- 2026-12-31 · subsidy changeEV3.5 local-production offset deadline (1:2 by end-2027)
Final deadline for EV3.5 participants to meet the 1:2 local-production offset (one EV imported in 2024 → two produced locally by end-2027). Determines whether brands can keep EV3.5 pricing in the years that follow.
- 2026-08-31 · subsidy changeEV3.5 1:1 local-production deadline for 2024 imports
Manufacturers who imported CBU EVs under EV3.5 in 2024 must complete 1:1 local production by 31 December 2026 to avoid penalties. Some brands extending the deadline. Affects pricing of locally-assembled vs CBU stock through 2026.
- 2025-11-10 · subsidy change80% annual road-tax discount for BEV expires
The 80% reduction on annual road tax for new factory-built BEVs registered between 1 Oct 2022 and 10 Nov 2025 stops accepting new entrants. Existing registrations keep the discount for the remaining year of validity.
- 2025-07-22 · subsidy changeEV Board adjusts EV3 / EV3.5 to favour exports
BoI/EV Board updates measures to encourage Thailand-built EV exports as cumulative supply-chain investment passes ฿137 billion. Local-production offset rules tightened. BEV registrations reported up 59% YoY for the first 9 months of 2025; cumulative EV3/EV3.5 registrations exceed 238,000 vehicles.
- 2025-04-01 · price cutZeekr X gets ฿110,000–150,000 price adjustment
Standard RWD adjusted to ฿999,000 from ฿1,109,000; Flagship AWD to ฿1,199,000 from ฿1,349,000 in line with EV3.5 program reset.
- 2024-02-01 · subsidy changeThailand EV3.5 subsidy package takes effect
Replaces EV3.0 — reduced per-vehicle subsidies and tighter local-production requirements through 2027.
- 2024-01-02 · subsidy changeEV3.5 effective date
EV3.5 measures legally take effect. EV3.0 subsidies sunset for new applicants; existing EV3.0 commitments still valid. Thai EV market sees inventory clearance pricing as manufacturers pivot.
- 2024-01-01 · subsidy changeExcise-tax cut for BEV ≤฿7M extended through 2027
Battery EVs priced up to ฿7,000,000 continue paying 2% excise (down from 8%) under EV3.5, extending the EV3.0 baseline.
- 2023-12-19 · subsidy changeCabinet approves EV3.5 — successor scheme
Successor 4-year package replacing EV3.0. Subsidy bands tightened: passenger BEV ≤฿2M with battery ≥50kWh receives ฿50,000–100,000; <50kWh receives ฿20,000–50,000; pickups ฿50,000–100,000; motorcycles ฿5,000–10,000. Excise stays at 2% for BEVs ≤฿7M. CBU import duty reduced up to 40% in 2024–2025. Local production offset: 1:2 by 2026, 1:3 by 2027.
- 2022-03-21 · subsidy changeEV3.0 takes effect — first subsidies disbursed
EV3.0 measures legally in force. Manufacturers begin signing MOUs with the Excise Department to access subsidies; passed-through to customer-facing prices over the following months.
- 2022-02-15 · subsidy changeEV3.0 package approved by Thai cabinet
Initial 3-year EV incentive package: per-unit subsidy of ฿70,000–150,000 for passenger BEVs based on battery size, excise tax cut from 8% to 2%, import-duty reduction up to 40% for CBUs, with 1:1 local-production offset by 2024 (extended to end-2025).


