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Automobiles

Thailand offers tax breaks and subsidies to rev up EV shift

Carmakers that benefit will need to start building electric models locally by 2024

Great Wall Motor sells electric vehicles in Thailand. (Photo by Yohei Muramatsu)

BANGKOK -- Thailand has approved a package of financial incentives to encourage drivers and automakers to switch to electric vehicles in a bid to transform the country into a production hub for cleaner cars.

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