Thai Cabinet Approves Adjustments to EV3 and EV3.5 Measures to Prevent Oversupply and Boost Flexibility

Brickinfo News Agency – The Thai Cabinet has officially approved adjustments to the country’s electric vehicle promotion schemes, specifically the EV3 and EV3.5 measures. The move, proposed by the National Electric Vehicle Policy Committee, aims to enhance flexibility for manufacturers while safeguarding the domestic market against oversupply and potential price wars. Ms. Lalida Praditwiwatana, Deputy Government Spokesperson, revealed the resolution following the Cabinet meeting on December 9, 2025, stating that the changes are designed to align with the current economic situation and global market competition.

One of the primary adjustments involves extending the timeframe for vehicle registration. Under the updated EV3 measures, vehicles must be sold by December 31, 2025, with the registration deadline extended to January 31, 2026. Similarly, for the EV3.5 measures, the sales deadline is set for December 31, 2027, allowing for registration until January 31, 2028. Additionally, the Cabinet approved significant changes to production compensation calculations. Exported EVs will now count as 1.5 times towards production compensation requirements, with the export deadline extended to June 30 of the following year. This aims to incentivize exports and reduce domestic inventory pressure.

To ensure fiscal responsibility, the government is implementing stricter controls on subsidy payments. The new criteria include rigorous monitoring of compensation production plans. Authorities will temporarily suspend subsidies if manufacturers fail to meet the specified conditions. Furthermore, to maintain a stable production base within Thailand, the measures now allow for cross-measure production expansion. Manufacturers originally granted rights under the EV3 scheme can now expand their compensation production under the EV3.5 framework.

Regarding critical components, the Cabinet approved an extension for calculating the value of imported battery cells until June 30, 2026. However, to accelerate the utilization of domestic parts, the proportion of imported battery value must not exceed 10 percent of the vehicle’s price. Ms. Lalida emphasized that the committee remains committed to Thailand’s strategic goal of becoming a major global production hub for electric vehicles and parts. The government continues to drive towards the Zero Emission Vehicle (ZEV) target by 2030 through systematic economic measures balanced with domestic market stability.