News Forum - Thailand increases EV investment incentives, after 30% spike in foreign direct investment

[Thaiger]

Thailand Board of Investment has approved revised conditions and incentives for investing in electric vehicles and the infrastructure needed to support them, specifically charging stations. Today’s BOI announcement comes as Thailand increases its incentives for people to buy and invest in electric vehicles, in an effort to maintain its grip on Southeast Asia’s car manufacturing market, which is transitioning to a future full of EVs. Smaller and compact charging stations will now be qualified for a three-year tax relief. The new measure is in addition to a five-year corporation tax cut available for investment opportunities in charging stations with at […]

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[DoUKnowWhoIAm]

17 minutes ago, Thaiger said:

charging stations.

Are they ready for this....?

[ibgort]

Just image what it will be like when you have these charging stations all over Thailand sitting out in the rain or even covered when the Monsoon season hits!  And the flooding begins.  Don't forget how many times the electricity goes out already.   And then there is the issue of "battery fires". The toxic fumes are worse that gasoline. And just try putting out a lithium fire and the toxic waste that will come from one.  While Elon is a forward thinker he is pushing something not fully thought out before it's time.  Yes, he is building two recycling plants but what about correcting the environmental damage done just mining lithium.  It will take a few decades before we are even ready to fully integrate EV's.

[Poolie]

21 minutes ago, ibgort said:

Just image what it will be like when you have these charging stations all over Thailand sitting out in the rain or even covered when the Monsoon season hits!  And the flooding begins.  Don't forget how many times the electricity goes out already.   And then there is the issue of "battery fires". The toxic fumes are worse that gasoline. And just try putting out a lithium fire and the toxic waste that will come from one.  While Elon is a forward thinker he is pushing something not fully thought out before it's time.  Yes, he is building two recycling plants but what about correcting the environmental damage done just mining lithium.  It will take a few decades before we are even ready to fully integrate EV's.

Nobody has thought about what will happen in a major tsunami incident either. Or a big kitchen fire, or.....

Relax.

[longwood50]

46 minutes ago, Poolie said:

Just image what it will be like when you have these charging stations all over Thailand sitting out in the rain or even covered when the Monsoon season hits!  And the flooding begins.