# Thailand BOI Expands Incentives to Strengthen Local Content in EV and E&E Production

- Link: https://www.thailand-business-news.com/investment/228800-thailand-boi-enhances-incentives-to-boost-local-content-in-ev-and-ee-manufacturing
- Published: 2025-06-30T09:35:21+07:00
- Author: Angela Reyes

The Board today approved promotion measures aiming to increase the use of local 
content in the manufacturing of battery electric vehicles (BEV), plug-in hybrid 
electric vehicles (PHEV), as well as electrical appliances,** by offering an additional
2-year 50% corporate income tax reduction (CIT) to companies meeting the criteria
and conditions.**

To qualify for the tax benefits, the manufacturers of EV and related electric vehicle
components must use locally made parts with a combined value of **not less than 
40% of the total value of raw materials for BEV, and not less than 45% for PHEV.**

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For the E&E sector, companies must fall under the smart electrical appliance and
electric appliance manufacturing categories and must use locally made parts with
a combined value of not less than 40% of the total value of raw materials.

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Qualified applicants can be either existing BOI promoted projects whose original
CIT exemption privileges have not expired, or new investment projects. The manufacturers
must also be certified “Made in Thailand” (MiT) by the Federation of Thai Industries(
FTI) to qualify.

Source : [○ BOI : The Board of Investment of Thailand](https://www.boi.go.th/index.php?page=press_releases_detail&topic_id=137097&_module=news&from_page=press_releases2)