Thailand Adjusts Excise Tax Rates for Plug-in Hybrid Electric Vehicles (PHEVs)

Thailand is accelerating its transition to electric vehicles!

The Cabinet recently approved new excise tax rates for PHEVs, effective January 1, 2026. The updated criteria focus primarily on “electric-only driving range,” promoting eco-friendly technology and attracting investment.

New Tax Rates (Starting 2026):

• Electric range of 80 km or more per charge: 5% tax (reduced rate)
• Electric range under 80 km per charge: 10% tax
  
  

Benefits for Thailand and the Environment:

• Reduces CO2 emissions: Encourages PHEVs to run 100% on electric power in cities, cutting fuel consumption
• Attracts investment: Opens doors for manufacturers to establish production bases in Thailand, lowering testing costs for fuel tanks
• Consumer-friendly: Offers fuel-efficient vehicles with hybrid power for longer trips
  
  

A Clear Future 

Thailand aims to become ASEAN’s “hub for next-generation vehicle manufacturing,” building on its EV 3.0 policy to create quality jobs and sustainable economic growth.

Thailand is ready to lead the global automotive industry, providing Thai consumers with affordable and efficient electric vehicle options!

For additional Information: Public Relations Department

Link: https://www.prd.go.th