BYD's Thai plant builds 100,000th car as EV tax rules shift
The plant has built about 30,000 cars in ten months, a fraction of its 150,000 design capacity, just as the finance ministry plans tiered excise rates.
Thai Industry Wire
Factories, energy, freight and property in Thailand
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Car makers, EV plants and parts suppliers in Thailand.
The plant has built about 30,000 cars in ten months, a fraction of its 150,000 design capacity, just as the finance ministry plans tiered excise rates.
Domestic sales have risen for six straight months, but exports are soft and 10 industry associations want imported EVs taxed at 32% or more.