Neta illustrates the risks of the system: it imported 16,300 vehicles and received more than 2 billion baht in subsidies, but had produced only 4,700 replacement vehicles, leaving a reported 24,000-unit shortfall. Its assembly operation stalled after parts shipments from its Chinese parent company stopped. Thai authorities have suspended some subsidy payments, while dealers have sought compensation.
Policy
Thailand Reconsiders Its China EV Incentives as Local Production Falls Short
After attracting Chinese automakers with subsidies and tax cuts, Thailand is tightening oversight and considering higher taxes on imported EVs amid missed production commitments and pressure on local suppliers.
Source: AutoPro2026-09-301 min read

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