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Thailand Intensifies Push for EV Battery Production with New Incentives

Views: 0     Author: Site Editor     Publish Time: 2026-02-06      Origin: Site

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Thailand has unveiled new investment incentives designed to attract global manufacturers in the electric vehicle (EV) battery sector, marking a strategic effort to strengthen the country’s position in the EV supply chain.


Under the updated policy framework, investors may receive preferential tax incentives, subsidies for production infrastructure and streamlined approval processes to facilitate faster production setup. Government officials said the initiatives aim to support domestic and international firms looking to establish or expand EV battery production facilities, tapping into Asia’s rapidly growing electric mobility market.

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