Great Wall Motor, Changan Automobile official announcement and Thailand’s Department of Excise and Taxation signed a memorandum of understanding (MOU), become the first batch of Thailand’s government-approved EV 3.5 policy car brands.
It is understood that EV 3.5 policy is the second phase of EV incentives launched by the Thai government after EV 3.0 policy, which is valid from 2024 to 2027, a total of four years. The policy aims to ensure continued sales of EVs in Thailand by providing cash subsidies for new vehicles and reducing import tariffs and excise taxes.
President of ASEAN Region Cheng Jinqui said that both models of ORA 07 are participating in the EV 3.5 policy and there will not be any retail price adjustment.
