Enthusiastic response from Thais as bookings open for Chinese EV car

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Enthusiastic response from Thais as bookings open for Chinese EV car

Enthusiastic response from Thais as bookings open for Chinese EV car

TUESDAY, NOVEMBER 01, 2022

Thai customers turned out in large numbers from dawn on Tuesday, as bookings opened for the Chinese electric car, BYD Atto 3.

The car costs 1.199 million baht and got a strong reception for reservation and test driving.

Pratarnwong Phornprapha, the chief executive of automaker Rever Automotive, confirmed that the company will be able to deliver 5,000 cars this year.

Enthusiastic response from Thais as bookings open for Chinese EV car

The company drew interest by offering special promotions, including instalment payments over 48 months at an interest of 1.68 per cent per annum and one-year first-class insurance.

It also offers an eight-year warranty package for cars and batteries, free maintenance and emergency assistance, and chargers.

Enthusiastic response from Thais as bookings open for Chinese EV car

The demand for EVs surged after the government implemented EV incentives from 2022 to 2025, which helped slash the price of BYD Atto 3 by more than 200,000 baht.

EV Incentives include 40 per cent less import duty for CBU battery EVs priced at up to 2 million baht and 20 per cent less for those priced at 2 million to 7 million baht until 2023.

Enthusiastic response from Thais as bookings open for Chinese EV car

Excise tax on imported EVs has also been cut from 8 per cent to 2 per cent.

The incentives apply to 27 types of EVs and include:

  • Eco-cars with up to 10 seats
  • Electric pickups
  • Hydrogen fuel cell-powered trucks
  • EVs with up to 10 seats
  • Plug-in four-door passenger pickups.

Related stories:

Thailand EV sales soar 223% as buyers take advantage of incentives

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Thailand EV sales soar 223% as buyers take advantage of incentives

Thailand EV sales soar 223% as buyers take advantage of incentives

SATURDAY, OCTOBER 29, 2022

Sales of battery electric vehicles (BEVs) in Thailand rose 223 per cent in the first nine months of 2022 from the same period last year, according to the Energy Ministry.

Buyers took advantage of generous incentives to register a total of 13,298 BEVs in the year up till September, Energy Minister Supattanapong Punmeechaow said on Friday.

Overall EV sales also grew with 11.9 per cent of the total made up of buses, trucks and other non-car EVs.

Included in the latest purchasers’ incentive package is a 70,000-baht subsidy for an EV car with 10-30 kWh battery capacity for completely knocked-down (CKD) and CBU units.

The subsidy rises to 150,000 baht for an EV car over 30kWh.

An 18,000-baht subsidy is available for purchase of an electric motorcycle from eligible manufacturers until 2023.

The EV subsidy package is funded by 3 billion baht from the 2022 central budget and from the longer-term 40-billion-baht investment in the EV industry between 2023 and 2025.

Supattanapong said the subsidies came under the “30@30” scheme to boost EV production to 30 per cent of total cars and motorcycles production capacity within 2030. The scheme also aims to set up 12,000 charging stations around the country and 40mW of battery factories.

Incentives also include 40 per cent less import duty for CBU BEVs priced up to 2 million baht and 20 per cent less for those priced 2 million-7 million baht until 2023.

Excise tax on imported EVs has also been cut from 8 per cent to 2 per cent.

The incentives apply to 27 types of EVs and cover:

  • Eco-cars with up to 10 seats
  • Electric pickups
  • Hydrogen fuel cell-powered trucks
  • EVs with up to 10 seats
  • Plug-in four-door passenger pickups

Taxis network offers proposals to transition towards EV vehicles

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The Thai Taxi Network Trade Association has submitted five proposals to the Department of Land Transport (DLT) to push for electric taxis.

Taxis network offers proposals to transition towards EV vehicles

The association’s president, Witoon Naewpanich, said on Tuesday that he had handed over a letter to DLT director-general Jirut Wisanjit, seeking support for electric taxis after Thailand was affected severely by Covid-19.

The pandemic affected taxi drivers, taxi operators, and taxi cooperatives as the number of customers was reduced significantly due to the lockdowns.

He said the association had asked the DLT to consider the following five proposals:

  1. Increase the usage duration of taxis to at least 12 years to make investment worthwhile
  2. Allow varied vehicle sizes to be an alternative for operators and customers
  3. Set a fare rate to reflect the true cost
  4. Coordinate with the Energy Ministry and related organisations to support the charging system of electric taxis to be efficient and the charging price to be appropriate to the fare rate
  5. Publicise the electric taxi project to taxi operators and customers

He said the EV taxi project would reduce pollution, fuel cost, fuel import, and satisfy customers.

Witoon explained that they were affected the most during the middle of 2021, as the number of taxis went down to only 20,000 from 85,000 before the pandemic.
 

Taxis network offers proposals to transition towards EV vehicles

Before the pandemic, each driver earned 2,000 baht on average per day before deducting expenses. However, they earned less than 400 baht during the middle of 2021.

Witoon said that the effect of the pandemic lasted for almost three years and some 10,000 taxis were abandoned on the streets.

After the lockdown was eased, more Thais and foreigners are using taxis, helping them earn on average about 2,000 baht a day before deducting expenses.

He expected the number of taxis in the near future to be around 60,000, which will be not sufficient. He suspected some leftover taxis might not be available, as some of them required maintenance of more than 100,000 baht each.

He said taxi operators were affected by Covid-19 as a result they lack liquidity. Moreover, financial institutions are not lending to them.

He said at least 30,000 taxis must be registered within two years to be sufficient but operators will not register more fossil fuel car taxis.

Witoon said that operators are facing cost problems from cars, parts, and fuels in both NGV and LPG after the sharp increase in price.

He said that the DLT had hired the Thailand Development Research Institute Foundation to conduct research. One research said that taxi operators do not get enough income even if they work more than 12 hours per day.

Without increasing the fare rate, they will earn enough if all costs could be reduced, so he agreed to push for electric taxis.

However, it required cooperation from several government agencies, including the DLT to make the project successful.

Witoon said, “The DLT should take this opportunity in planning a taxi system for the future to be efficient in car size and usage duration to become a motivation for operators to invest in electric taxi systems.”

Published : September 06, 2022

By : THE NATION

Cabinet okays 2.9 billion baht budget to push EVs

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The Cabinet has approved a budget of 2.923 billion baht for measures to support the use of electric cars and motorcycles.

Cabinet okays 2.9 billion baht budget to push EVs

Government Spokesman Anucha Burapachaisr said on Tuesday that the Cabinet had approved the budget for EV measures according to the Notifications of the Excise Department on March 21.

The conditions according to the notifications are:

1. Battery-electric cars with less than 10 seats and costing under 2 million baht

  • Battery-electric cars with over 10 kilowatts/hour but less than 30 kilowatts/hour battery will receive a subsidy of 70,000 baht per vehicle.
  • Battery-electric cars with over 30 kilowatts/hour battery will receive a subsidy of 150,000 baht per vehicle.

2. Battery-electric pickup trucks with over 30 kilowatts/hour battery, manufactured and sold domestically for less than 2 million baht will receive a subsidy of 150,000 per vehicle.

3. Battery-electric motorcycles costing under 2 million baht will receive a subsidy of 18,000 per vehicle.

Applicants must be eligible under the notifications, such as industrial operators with factories or importers appointed as official dealers.

Applicants must submit the retail price structure to the Excise Department so it can check how the subsidy will affect the price after discount. Also, they must collect proof of sale and register EVs and send them to the department every quarter.

They must make an agreement with the Excise Department to acknowledge and follow the department’s rules and conditions. They will have to repay the subsidy amount with 7.5 per cent interest per year if they fail to adhere to the conditions.

Meanwhile, the Finance Ministry reported that 18,100 EV cars and 8,800 EV motorcycles were eligible for the EV measures this year.

The measure is aimed at boosting the confidence of investors while the demand from consumers will increase.

The ministry is also encouraging the manufacturing of more battery electric vehicles to make Thailand the base for EV manufacturing while also improving the competition capability of EVs and parts.

Published : August 23, 2022

By : THE NATION

India’s northeast woos Thai tourists | The Nation

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One of the less-explored parts of India showcased its beauty and art at the 2nd Northeast India Festival in Bangkok with the aim of welcoming more tourists from Thailand.

One of the less-explored parts of India showcased its beauty and art at the 2nd Northeast India Festival in Bangkok with the aim of welcoming more tourists from Thailand.

Published : August 06, 2022

Charging EVs will cost THB7.5 per unit at MEA stations from Aug 1

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Charging electric vehicles (EV) will cost 7.5 baht per unit from Monday onwards, the Metropolitan Electricity Authority (MEA) announced on Friday.

Charging EVs will cost THB7.5 per unit at MEA stations from Aug 1

The fee will be charged at all MEA stations, namely Wat Liap, Bang Khunthien, Bang Khen, Bang Yai, Thonburi, Samut Prakan, Lat Krabang, Nonthaburi, Bang Kapi, Bang Phli, Yan Nawa, Bang Na, Nuanchan, Bang Bua Thong, Min Buri, Phloen Chit, and Bang Phut.

The fee will also apply at partner charging stations at Ban Suan La Salle, Bang Khun Non 7-eleven branches, THER Ladprao 93 village, MK Plus Auto Care and Tire and Benchakitti Park.

Meanwhile, a 50 per cent cashback is being offered to EV users who pay via the MEA EV Wallet. The promotion, marking MEA’s 64th anniversary, will run from August 1 to September 5.

Published : July 29, 2022

By : THE NATION

Soaring fuel price pushing up demand for EVs

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There has been an increase in demand for electrical vehicles (EV) as the price of fossil fuel has been increasing, while the government has been implementing policies support EVs, the Federation of Thai Industries (FTI) revealed.

Soaring fuel price pushing up demand for EVs

However, a shortage of semiconductors has hampered production, as a result buyers might have to wait more than three months to get delivery of their EV.

The FTI said that in the first five months of 2022, 1,567 battery electric vehicles (BEV) were registered in May, increasing 189.65 per cent year on year (YoY), while 5,702 BEVs were registered in the first five months of 2022, up 156.15 per cent YoY.

There were 5,362 newly registered hybrid electric vehicles (HEV) in May, increasing by 67.77 per cent YoY, while 27,093 HEVs were registered in the first five months of 2022, up 46.8 per cent YoY.

In addition, 1,056 plug-in hybrid electric vehicles were registered in May, increasing by 50 per cent YoY, and 4,862 were registered in the first five months of 2022, increasing by 55.09 per cent YoY.

Published : June 28, 2022

By : THE NATION

The Nation Talk EP.28 | Lamborghini delivers a treat for Thailand’s auto buffs

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The Nation Talk EP.28 | Lamborghini delivers a treat for Thailand’s auto buffs

Lamborghini’s latest model in Thailand is a spectacular combo of speed, style and engineering marvel

Published : June 26, 2022

EV use set to rise ‘exponentially’ in Thailand after new measures

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New measures in the pipeline to promote electric vehicles will boost their use in Thailand “exponentially”, the Excise Department announced on Monday.

EV use set to rise ‘exponentially’ in Thailand after new measures

The new measures may include support for charging stations, said department spokesman Nattakorn Uthainsut, who declined to give further details.

The government’s current policy includes cash subsidies, import tariff exemption and an excise tax cut from 8 to 2 per cent to encourage buyers to buy EVs instead of combustion-engine vehicles. The cash subsidies range between Bt70,000 and Bt150,000 depending on the battery capacity of the EV.

Nattakorn added that another five or six vehicle manufacturers have expressed interest in signing up to the Excise Department’s EV promotion programme. Four automakers have already joined the programme, namely Great Wall Motors, MG Thailand, Toyota Thailand and Deco Green Energy.

He said Thais were becoming more interested in electric vehicles, citing sales of over 11,400 EVs at the Bangkok International Motor Show earlier this year.

EV use set to rise ‘exponentially’ in Thailand after new measuresAlong with its measures to support EV sales, the department is also contemplating raising excise tax on combustion-engine vehicles by one or two per cent, Nattakorn added.

Meanwhile, the Electricity Generating Authority of Thailand (Egat), said it would ensure that sufficient power supply for rising EV use over the next five to 10 years.

Egat would also open more charging stations to create a nationwide network for EV drivers, said its assistant governor Warit Ratanachuen.

Published : June 20, 2022

By : THE NATION

Electric vehicle registration soars up 75% in April

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Registrations of all types of electric vehicle (EV) increased by 75 per cent in April compared with the same period last year, according to the Land Transport Department.

Electric vehicle registration soars up 75% in April

Department figures show a total of 6,778 EVs were registered in April, compared with 3,858 a year earlier – a rise of 75.68 per cent.

Registered EVs fell into three categories: battery electric vehicles (BEVs), hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEV).

The government has ambitions to make Thailand the largest EV production hub in the world, with EVs constituting 50 per cent of total domestic auto production by 2030.

Comparison of EV registration April 2021 vs April 2022:

BEVs

– April 2021 – 414

– April 2022 – 1,232

Petrol-powered HEVs

– April 2021 – 2,867

– April 2022 – 4,969

Diesel-powered HEVs

– April 2021 – 1

– April 2022 – 13

Petrol-powered PHEVs

– April 2021 – 576

– April 2022 – 834

Diesel-powered PHEVs

-April 2021 – none

-April 2022 – 3

Published : May 29, 2022

By : THE NATION