Future Tech

Toyota's Thai unit signs deal with Thailand on EV incentives

Tan KW
Publish date: Fri, 29 Apr 2022, 11:53 AM
Tan KW
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Future Tech

BANGKOK - The Thai unit of Toyota Motor Corp on Friday signed an agreement with Thailand on incentives to promote the use of electric vehicles in Southeast Asia's major auto production base.

The EV incentives include tax breaks and subsidies to help reduce the price of EVs to make them more affordable, the finance ministry said in a statement.

 


  - Reuters

 

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