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Benedict Yong

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Benedict Yong is a Consultant in Baker McKenzie Bangkok office.

Among the major elements of CASE, the “E” (Electrification) is the most discussed element to date. Electric vehicles (EVs) are expected to have the largest market impact on the automotive industry in the near future as well as contribute to the transformation in the structure of the global automotive supply chain.

If you are a manufacturer of electric vehicles or related parts, you should be interested in the new incentives discussed below.

Against the backdrop of the Thai government’s policy to promote electric vehicles (EV) across the board and to create an EV manufacturing regional hub, the Thailand Board of Investment (BOI) recently announced a new investment promotion package for EV.