THE ANALYSIS OF ELECTRIC VEHICLE SUPPORTING POLICIES IN CHINA AND THAILAND

Abstract

          Currently, governments across the globe are focusing on energy, environmental concerns, climate change, and global warming, primarily caused by emissions from internal combustion engine vehicles. These issues have prompted many governments, including those of China and Thailand, to implement policies promoting the use of electric vehicles. China, ranked as the world’s leading nation in electric vehicle sales and production for consecutive years from 2015 to 2021, has introduced policies that strongly support New Energy Vehicles (NEVs), including electric vehicles (EVs) and alternative energy vehicles. This study aims to analyze the policies promoting electric vehicle usage in China and Thailand. The research methodology involves a review of various documents, including concepts, theories, government policies, and relevant research from Thailand, China, and other countries.

The findings reveal that government policies regarding electric vehicle usage significantly influence the decisions of consumers in both countries, particularly in China. Since 2006, the Chinese government has actively promoted electric vehicle usage through a range of policies, such as the National Strategy "Made in China 2025," aimed at enhancing competitiveness in high-tech industries, including electric vehicles. These policies provide both monetary and non-monetary incentives and outline long-term technological strategies, which have led to widespread adoption of electric vehicles in China. In contrast, Thailand’s policies, such as the Board of Investment (BOI)'s tax incentives and privileges introduced in 2015 to attract EV manufacturers, are less detailed and comprehensive compared to those of China. Consequently, China serves as an exemplary model for Thailand to follow in developing its electric vehicle policies.