Skip to content
Policy & Market
Thailand

Thailand to raise excise tax on fully imported EVs to 35% from 10% on 1 January 2027

By Eve

Thailand's cabinet approved the increase in excise tax on fully imported (CBU) electric vehicles from 10% to 35%, effective 1 January 2027, according to Bangkok Post as reported by Paul Tan's publication. Finance minister Ekniti Nitithanprapas said the new structure aims to protect investors already committed to local plants and supply chains, and to push CBU reliant automakers to speed up talks on local production. Bloomberg reported that EV imports hit USD 421 million in September, up 138% year on year, with China supplying almost 99%, while registrations from January to September reached 191,273 units, up 83% on the same period in 2025.

Why it matters

Higher import costs from 2027 could slow the growth of the imported EV parc while shifting supply towards locally built models, which may affect the pace and mix of charging demand. Procurement teams and CPOs should watch how automakers respond with local production plans when forecasting charger utilisation and site planning in Thailand.

Source

Original title
“Thailand to raise excise tax on CBU EVs to 35% from Jan 1, 2027 – move encourages investment, local production”
Published
3 November 2026

In this story

Related news

UK fleet leasing, rental and logistics bodies call for ZEV mandate overhaul in consultation responses

The British Vehicle Rental and Leasing Association (BVRLA) filed a member-backed response to the consultation on the UK's zero-emission car and van sales quotas shortly before it closed last week. Rental members reported weak customer demand, operational barriers and short-term exposure to depreciation, and those representing a majority of the rental car fleet see no viable path to meeting the current 2030 trajectory. The rental sector's top priority is a reduction in the 2030 mandate levels, while leasing companies want confidence in electrification sustained and abrupt policy reversals avoided, as they manage falling residual values.

Why it matters

Pressure to lower 2030 mandate levels could slow fleet electrification and the charging demand that CPOs and installers are planning around. Leasing firms still want policy stability to protect investment, so procurement teams should watch how the government balances the two positions.

United Kingdom
3 Nov 2026

Fleet leasing sector · Logistics sector · Source

Tesla urges Australia to apply a road user charge to all vehicles alongside fuel excise

In its submission to the federal Select Committee on Productivity in Australia, Tesla recommended a distance-based road user charge, set in cents per kilometre, for all vehicles, to sit alongside the current fuel excise. The excise adds around 51 cents to each litre of petrol and diesel sold, and Tesla argues it is not seen as a usage fee and does not discourage unnecessary driving. Tesla acknowledged there would be "justifiable" community pushback, while experts have separately floated a charge of three cents per kilometre as fairer funding as electric and hybrid vehicles use less or no fuel.

Why it matters

A per-kilometre charge applied to every vehicle would change the running cost case for EV drivers, which could influence charging demand and utilisation assumptions in site business cases. CPOs and bidders should track the committee process, as the final design and timing could affect pricing strategy and long-term revenue forecasts.

Australia
2 Nov 2026

Tesla · Source

Hypothetical comparison puts Santa Clara electricity bills at $180 a month against $410 in San Jose

A hypothetical comparison by local real estate agent Steve Mun, reported by The Cool Down, set two similar 1,500 square foot homes with central air conditioning and nightly EV charging at $180 a month in Santa Clara and $410 in San Jose. The $230 monthly gap would come to $2,760 a year. Santa Clara is served by the municipal Silicon Valley Power, while most San Jose homes receive delivery through investor-owned PG&E, and the comparison is illustrative rather than a record of real household bills.

Why it matters

Home charging economics vary sharply by utility, which affects driver demand for public charging and the pricing that CPOs can sustain in different service areas. Procurement and site selection teams should check local tariff structures rather than assume statewide averages.

United States
2 Nov 2026

Source