Enthusiastic response from Thais as bookings open for Chinese EV car
Thai customers turned out in large numbers from dawn on Tuesday, as bookings opened for the Chinese electric car, BYD Atto 3.
The car costs 1.199 million baht and got a strong reception for reservation and test driving.
Pratarnwong Phornprapha, the chief executive of automaker Rever Automotive, confirmed that the company will be able to deliver 5,000 cars this year.
The company drew interest by offering special promotions, including instalment payments over 48 months at an interest of 1.68 per cent per annum and one-year first-class insurance.
It also offers an eight-year warranty package for cars and batteries, free maintenance and emergency assistance, and chargers.
The demand for EVs surged after the government implemented EV incentives from 2022 to 2025, which helped slash the price of BYD Atto 3 by more than 200,000 baht.
EV Incentives include 40 per cent less import duty for CBU battery EVs priced at up to 2 million baht and 20 per cent less for those priced at 2 million to 7 million baht until 2023.
Excise tax on imported EVs has also been cut from 8 per cent to 2 per cent.
The incentives apply to 27 types of EVs and include:
- Eco-cars with up to 10 seats
- Electric pickups
- Hydrogen fuel cell-powered trucks
- EVs with up to 10 seats
- Plug-in four-door passenger pickups.
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