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Thailand, Indonesia introduce EV incentives

Moves designed to spur adoption

Auto Finance News, AI-assisted

Thailand and Indonesia are introducing incentives to encourage EV adoption, the Wall Street Journal reported.   Thailand’s new policies include tax deductions for businesses replacing commercial vehicles with EVs and support for domestic EV battery-cell production. The country is aiming for 30% of its car production to be EVs by 2030.   Indonesia, meanwhile, is […]

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