Logo 04 Aug 2025

Thailand rewrites EV subsidy program in bid to ease Chinese-driven domestic overcapacity

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Already a subscriber? Log in.

China’s domestic auto overcapacity is reshaping Thailand’s industrial policy.
On July 29, Thailand revised the rules of its domestic electric vehicle (EV) subsidy program in a bid to ease Chinese-driven domestic overcapacity by encouraging exports.
The details: Thailand grants subsidies for EVs sold...