Reference
·Primary source
Thailand EV battery local-content target
30% local value-add (BOI EV)
The Thailand Board of Investment (BOI) requires EV manufacturers receiving its promoted investment packages to achieve at least 30% local content measured by value-added, with batteries identified as the highest-priority localisation component. The policy is designed to prevent Thailand from becoming an assembly-only hub for imported cells. It is the principal driver behind Chinese cell-makers (CATL, BYD, SVOLT, EVE Energy) evaluating Thailand as a Southeast Asian manufacturing base. The EEC clusters in Chonburi, Rayong, and Chachoengsao are the target zones. Failure to hit the threshold by milestone dates triggers retroactive tax clawback under the EV3.5 framework.
Figure in context
The Thailand Board of Investment (BOI) requires EV manufacturers receiving its promoted investment packages to achieve at least 30% local content measured by value-added, with batteries identified as the highest-priority localisation component. The policy is designed to prevent Thailand from becoming an assembly-only hub for imported cells. It is the principal driver behind Chinese cell-makers (CATL, BYD, SVOLT, EVE Energy) evaluating Thailand as a Southeast Asian manufacturing base. The EEC clusters in Chonburi, Rayong, and Chachoengsao are the target zones. Failure to hit the threshold by milestone dates triggers retroactive tax clawback under the EV3.5 framework.
The Thailand Board of Investment (BOI) requires EV manufacturers receiving its promoted investment packages to achieve at least 30% local content measured by value-added, with batteries identified as the highest-priority localisation component. The policy is designed to prevent Thailand from becoming an assembly-only hub for imported cells. It is the principal driver behind Chinese cell-makers (CATL, BYD, SVOLT, EVE Energy) evaluating Thailand as a Southeast Asian manufacturing base. The EEC clusters in Chonburi, Rayong, and Chachoengsao are the target zones. Failure to hit the threshold by milestone dates triggers retroactive tax clawback under the EV3.5 framework.
Time scope
2025-2030 (BOI EV3.5 framework)
Source basis
Primary source
Interpretation notes
What this tells you
The Thailand Board of Investment (BOI) requires EV manufacturers receiving its promoted investment packages to achieve at least 30% local content measured by value-added, with batteries identified as the highest-priority localisation component. The policy is designed to prevent Thailand from becoming an assembly-only hub for imported cells. It is the principal driver behind Chinese cell-makers (CATL, BYD, SVOLT, EVE Energy) evaluating Thailand as a Southeast Asian manufacturing base. The EEC clusters in Chonburi, Rayong, and Chachoengsao are the target zones. Failure to hit the threshold by milestone dates triggers retroactive tax clawback under the EV3.5 framework.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
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Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.