Philippine subsidies policy for purchasing electric buses and buses, and core application conditions
Thailand's Purchase Subsidy Policy for Electric Buses/ City Buses and KeyApplication Requirements
Purchase Subsidy Details:
1. The highest subsidy for new energy vehicle purchases is 20%, approximately equivalent to 38,000 RMB;
2. Import tax and value-added tax are exempted;
3. The vehicle manufacturer can enjoy a full 8-year exemption from corporate income tax
Core Application Requirements:
1. Priority is given to locally produced models;
2. The vehicle must comply with Thailand's new energy vehicle standards
Validity Period: Long-term (Subsidy is adjusted annually)
