1

การส่งเสริมการผลิตชิ้นส่วนและอุปกรณ์
ยานยนต์ไฟฟ้ าในประเทศไทย และมาตรการทางภาษี
นายอิทธิโชติ ดารงรักษ์ธรรม
นักวิชาการส่งเสริมการลงทุนชานาญการพิเศษ
กองบริหารการลงทุน 2 (Advanced Manufacturing Industries)
สานักงานคณะกรรมการส่งเสริมการลงทุน 24 สิงหาคม 2563
 2

Introducing to the BOI

 3

BOI’s Structure The Office of the Prime Minister Board of Investment

(Chaired by
The Prime Minister)
Office of the Board of Investment:14 Divisions

Office of the Secretary General Investment Strategy and Policy Division

International Affairs Division Investment Service Center
Information Technology Center Investment Promotion Division 1-5
• Bio-based and medical industries
7 Regional Offices • Nakhonratchasima
• Chiangmai
• Advanced Manufacturing Industries
• Songkhla
• Chonburi • Suratthani • Basic and Supporting Industries
• Khonkaen • Pitsanulok • High Value Service
• Creative and Digital Industries
16 Overseas Offices
• Taipei Investment Ecosystem Division
• Tokyo • Frankfurt
• Osaka • Paris • Sydney Industrial Linkage Development Division
• Seoul • New York • Mumbai
Foreign Investment Marketing Division
• Beijing • Los Angeles • Hanoi
• Guangzhou • Stockholm • Jakarta Thailand Overseas Investment Promotion
• Shanghai Division
 4

BOI’s Support to Investors

100% Foreign Ownership Waivers to restrictions in Foreign

Business Act (administered by
for Manufacturing and Selected Services Min of Commerce)

Tax and Non-Tax Incentives

Investment-Related Services
 Investment Incentives
Tax Non-Tax
• Exemption/reduction of corporate • Land ownership right
income tax • Visa and work permit
• Exemption of import duty for
machinery facilitation
• Exemption of import duty for raw
materials used for production for
export and for R&D
Investment Policies
No local content No export No restriction on 100% foreign
requirement requirement foreign currency ownership

5
Government Policies

THAILAND 4.0

Targeted Industries Targeted Technology Targeted Area

➢ 12 Targeted Industries as ➢ New Economic Area
New Engine of Growth Development

6
 12 Targeted Industries
Upgrading 5 Existing Industries

Agriculture Petrochemical
& Food Tourism Automotive Electronics

Building 7 New Industries

Biofuels & Healthcare Digital Automation Aerospace Defense Education

Biochemical & Medical & Robotics

7
4 Targeted Technologies

Biotechnology Nanotechnology

Advanced Material Digital Technology

Technology

8
 Biotechnology Advanced Material Technology
Cell Culture / Tissue Engineering Technology Advanced Catalyst Technology
Composite Materials Technology
Gene and Molecular Technology
Functional Materials Technology
Genetic Engineering Technology Photonics & Optical Technology
Omics Technology Printed Electronics and Organic Electronics
Biodegradable Materials Technology Advanced Materials Forming Process
Materials Characterization Technology
Bioinformatics
Energy Storage
Advanced Bioprocessing Technology
Digital Technology
Bio-Analytical Technology Big Data Analytics Technology
Biomaterial Production Technology Decentralized Sequential Transaction Database
Human Computer Interaction Technology / Brain Computer Interface
Nanotechnology Internet of Things Technology
Drug Delivery System Natural Language Processing Technology
Nano-encapsulation Virtual & Augmented Reality Technology
Digital Engineering and Manufacturing Technology
Nanofiber Technology
Software Testing Technology
Nanomaterials Syntheses Embedded Technology
Membrane Technology Smart Grid
Adsorption Technology Wearable Technology
Nano-characterization and Testing Artificial Intelligence Technology
Sensor Technology
Nanostructure Fabrication Automation Technology
Surface Coating/Engineering Technology Robotics Technology 9
 Eastern Economic Corridor (EEC)

HIGH-SPEED TRAIN
DOUBLE TRACK RAILWAY
INDUSTRAIL-PORT

MOTORWAY
BANGKOK-PATTAYA-
RAYONG

Source : Eastern Economic Corridor Office (EECO)

10
 Infrastructure Development in the EEC

Source : Eastern Economic Corridor Office (EECO)

11
EEC Promotional Zones
EECi (R&D, Innovation) EECd (Digital Park)
Rayong Chonburi

EEC-A (Aerotropolis) EEC-MD (Medical Hub)

U-Tapao Airport Pattaya

12
 BOI Investment Incentive Scheme
1 Industry-based 3
• Research & Development (R&D) Merit-based
• Support academic/research institutes,
•Bio & Medical Industries
or technology and HRD fund
• IP licensing fee
+ 1-3 years
•Advanced Industries
•Basic & Supporting Industries • Advanced technology training CIT exemption
•High Value Services • Development of local suppliers
•Creative & Digital Industries • Product and packaging design
< 8 years
CIT exemption
+ •
•
EEC 3 provinces
SEZ 10 provinces
Area-based
4
• Southern border provinces
2 Technology-based • 20 provinces with lowest income Additional CIT
• Industrial Estates/Zones exemption / reduction
• Science and Technology Parks
•Biotechnology (TSP, Food Innopolis, Space Krenovation Park)
•Nanotechnology
•Advanced Material Technology
•Digital Technology • Thailand Investment Year
5
• Productivity Enhancement
Agenda-based
10 years • SMEs Promotion
CIT exemption • Support to Small and Community Enterprises
• SET and MAI Listing Support

13
 Standard Packages of BOI Incentives
Incentives are largely based on several key factors
i.e. level of technology, role in supply chain
Exemption Exemption
Exemption Import duties Import duties Non-tax
CIT on machinery on raw materials incentives

8
years A1
Knowledge-based activities focusing
on R&D and design to enhance the
country’s competitiveness
8+ Merit
years no cap
✓ ✓ ✓

8+ Merit
Infrastructure activities for the country’s
development, activities using technology
✓ ✓ ✓
A2 to create value-added, with no or very
existing investments in Thailand years

5+ Merit
High technology activities which are
important to the development of the
CIT exemption

✓ ✓ ✓
A3
country, with a few investments
already existing in Thailand years

3+ Merit
Activities with lower technology than
A1-A3 but which add value to
✓ ✓ ✓
A4 domestic resources and strengthen the
supply chain years

B1
Supporting industry that does not use
high technology, but is still important
to the value chain
- + Merit
years
✓ ✓ ✓

0
year B2
Supporting industry that does not use
high technology, but is still important
to the value chain
-
years
- ✓ ✓

14
 Criteria for Project Approval

≥ 1 million baht debt-to-equity value-added

(excluding cost of land
and working capital)
≤3:1 ≥ 20%

environmental New machinery & ISO certification

protection modern production processes Projects with ≥10M THB
investment

10
 16

Next-Generation Automotive Industry

Thailand as an Automotive Hub in ASEAN
Thailand continuously accelerates its next-generation automotive industry
in line with the government’s promotion of new S-curve industry
which have higher value-added production.

1 11
st th
Automotive Automotive Producer
Thailand Producer in ASEAN in the World

World Ranking

5th Light Commercial Car Producer

18th Passenger Car Producer

Source: Organisation Internationale des Constructeurs d'Automobiles as of 2019

History of Thai Automotive Market
Now, the current focus is on electrification:
HEV, PHEV, BEV, and FCEV 2017 • EV
2013 • Eco-car 2
2009 • New model package
2008
2007 • NGV for trucks and buses
• Eco-car 1
2005 • Big Bike Product Champion
Pick-up
2002 • 1 million 1-tonnage commercial vehicles produced
• International Multi-Purpose Vehicle Motorcycle, Big Bike

Eco-Car
• Promotion of local production for export
1980 • Promotion for supply chain development
Electric Vehicle : HEV, PHEV, BEV
1960 • Promotion of local production for import substitution
 Thailand's Production, Sale and Export Numbers of Motor Vehicle
3,000,000

2,453,717 2,457,057
2,500,000
2,167,694
1,944,417 1,988,823 2,013,710
2,000,000 1,880,007 1,913,002

1,457,795 1,436,047
1,500,000 1,330,672
1,204,895 1,188,515 1,139,696 1,140,640
1,128,102
1,054,103
1,000,000 795,250 1,128,152
1,026,671 1,041,739 1,007,552
881,832 871,650
735,627 799,632 768,788
500,000

-
2011 2012 2013 2014 2015 2016 2017 2018 2019
Production Sale Export
Note: Sale from both Domestic Production and Import
Source: Thailand Automotive Institute
 Total Production Number of Motor Vehicles by Type
Thousand Units
1,600
1,452
1,400 1,333
1,250
1,178
1,200 1,115 1,116 1,103 1,130
1,067 1,071
1,000 958
899 877
805 818 795
800 743 761
671
600 554 538

400 313

200
24 21 44 53 23 36 37 40 32 31
15
-
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Passenger Car 1-ton Pick-up Truck Other Commercial Vehicle

Source: Thailand Automotive Institute

Strong Automotive Industry

Complete supporting Competitive

industries Skilled-Labor Supply

High-Tech Parts Manufacturing

Total 525,000
Workers
18
Foreign
JV
Automakers

Tier 1
(462 companies)
JV
Foreign 3% Thai
majority majority
58% 39%

Tooling, Mold&Die, Special Processes

Tier 2,3
(1,237 companies)
Existing Automotive Hubs
Major Players Automobile Manufacturers:
• Toyota • BMW • Scania
• Nissan • Mercedes • Hino
Production
Hub • Honda • Ford • Tata
• Mitsubishi • GM • Thai -Swedish
• Isuzu • SAIC-CP
• Mazda • TC Manufacturing
• Suzuki • Foton

• Toyota Motor Asia Pacific Engineering &

Manufacturing
R&D • Honda R&D Asia Pacific
Hub • Nissan Motor Asia Pacific
• ISUZU Technical Center Asia
• Mitsubishi R&D Testing Course

• Toyota Motor Asia Pacific Engineering

& Manufacturing
Regional • Asian Honda Motor
Head Office • Nissan Motor Asia Pacific
• Isuzu Motor International Operations

Source: Board of Investment 22

 Most Automotive Companies are located in Central and Eastern Region
Prachinburi
Ayutthaya • Honda Automobile (Thailand)
• Honda Automobile (Thailand)

Chachoengsao
• Toyota Motor Thailand (Gateway)
• Toyota Motor Thailand (Ban Po)
Pathum Thani • Isuzu Motors (Thailand) (Gateway)
• Thai Suzuki Motor • Dongfeng Automobile (Thailand)

Bangkok Chonburi
• Fuso Truck (Thailand) • Mitsubishi Motors Thailand
• Thai Honda Manufacturing) • Hino Motors (Thailand)
• Triump Motorcycle Thailand
Rayong
Samutprakan • Auto Alliance (Thailand)
• Toyota Motor Thailand (Samrong) • General Motor (Thailand)
• Isuzu Motors (Thailand) (Samrong) • BMW Manufacturing (Thailand)
• Nissan Motor (Thailand) • Ford Motors (Thailand)
• Thai Swedish Assembly • Suzuki Motor Thailand
• Scania (Thailand) • Kawasaki Motors Enterprise (Thailand
• Thai Yamaha Motor • Ducat Motorcycle (Thailand)

Source: Thailand Automotive Institute and Thailand Board of Investment

 Most of auto parts used for Thailand’s manufacturing are produced locally
Import Market Export Destination
USA
15%
others
28.1% Japan
35.4% Japan 9%
Others
56%
Indonesia
8%
Germany 6.3%
Malaysia
China 6%
Indonesia
18.9%
5.5% USA China
5.8% 6%

Import Domestic Production Domestic Sales Export

30-40% 60-70% 60-65% 35-40%

Domestic Market International Market

Source: Krungsri Research Thailand Industry Outlook 2019-21, Auto Parts
Industry
 25
EV Technology Focus
Honda Clarity Hyundai ix35
Tesla Model S Riversimple Rasa
BMW I3

Toyota Mirai
Mercedes F-Cell
Nissan Leaf BYD e-6

Benz C350e

Fuel Cell EV
BMW X5 xDrive40e M Sport
Battery EV

BMW 300e M Sport

Plug-In Hybrid EV

S500e GLE500e

Hybrid EV

C300 Camry Accord X-Trail

Produced in Thailand
 26

Thai Government Supports

Environment : Infrastructure Development :
- Department of Industrial Work to - Ministry of Energy to subsidy
prepare EV battery end-of-life Charging Station
plan - TISI to proceed on National
- Pollution Control Department Automotive and Tire Testing HR Development:
to enact Acts for EV battery Infra Facility - Skilled Labors
end-of-life management
Safety & Standards :
- TISI to proceed on standards of EV
Demand charging system, electromagnetic
compatibility, battery for EV and DC
meter for billing system charging
Station

Domestic market stimulation : Supply BOI Promotion Package :

- Target of 20% use of BEV in Public - HEV, PHEV, BEV
procurement - Key Parts
- AOT to use more PHEV, BEV - Charging Station
- IEAT, MOST to use BEV in EEC
- EPPO promotes Taxi Conversion
to BEV Special Tax Rate :
- Fine Arts Department to use BEV - Special Excise Tax Rate
at large national heritage sites - Import Duty Exemption on imported BEV for
BOI Promoted companies
Tax Structure
 Current Status of Thailand’s EV Markets
Number of New EV
Registration (Units)
HEV & PHEV BEV
32,000
30,676
2,000 New BEV Registration
by Vehicle Types in 2019
24,000 1,572 1,500
20,344 Vehicle Types Units
16,000 1,000 Motorcycle 791
11,945
9,577
7,629 Passenger Car 691
8,000 500
325
165 Motor-Tricycle 57
0 161 0
76
2015 2016 2017 2018 2019 Bus 33

HEV & PEV BEV

Note: Data as of 31 December 2019
Source: Electric Vehicle Association of Thailand
Investment Promotion Campaign Outlines for the EV Industry
Electric Vehicle * EV Parts Battery Charging Station

• HEV, PHEV, BEV • Core technology: • Support the infrastructure

• Incentives varied by Battery, Traction development to encourage
the electric driving Motor, BMS, DCU, etc. EV use
technology • Build a strong supply • Increase customer’s
chain of EV parts in confidence
the country

Note: * The deadline for application submission has expired

Source: Thailand Board of Investment
 30
Hybrid Electric Vehicle (HEV) : Condition & Incentives
Condition
❖ Integrated Package:
 Vehicle assembly & key parts production
 Machinery Import & Installation plan
Y3 Onward  Vehicle production plan [Y1 – Y3]
Y2  Parts production & sourcing plan
Y1  Waste management plan for used-battery

BOI Certificate
2017  Thai supplier development plan

Issuance
❖ Vehicle Standard :
 UN Reg. Vehicle Type Approval : L, M, N
❖ Application Date : Within Dec 31, 2017

BOI Vehicle assembly + at least 1 key Privilege

Application part production within 3 year
➢ Exemption of import duties on
machinery.
➢ 50% deduction of excise tax rate if
produce battery in the project *

Battery * Motor ➢ HEV production can be counted as

4 Key Parts production unit of Eco-car project.
Domestic HEV must be complied with
environmental condition of Eco-car : Co2 not
exceeding 100 or 120 g./km.

BMS DCU

* For passenger car with engine displacement under 3,000 cc

 31
Plug-In Hybrid Electric Vehicle(PHEV):Condition & Incentives
Condition
❖ Integrated Package:
 Vehicle assembly & key parts production
 Machinery Import & Installation plan
 Vehicle production plan [Y1 – Y3]
Y3 Onward
 Parts production & sourcing plan
Y2  Waste management plan for used-battery
2017-
Y1  Thai supplier development plan

BOI Certificate
2018 ❖ Vehicle Standard :

Issuance
 UN Reg. Vehicle Type Approval : L, M, N
❖ Application Date : Within Dec 31, 2018

Privilege
BOI Vehicle assembly + at least 1 key ➢ Exemption of import duties on
Application part production within 3 year
machinery.
➢ CIT Exemption for 3-6 years
 3 years → 1 key part
+1 Year/
 4 years → 2 key parts 1 key part
 5 years → 3 key parts added
 6 years → 4 key parts
Battery * Motor ➢ 50% deduction of excise tax rate if
4 Key Parts
produce battery in the project *
➢ PHEV production can be counted as
production unit of Eco-car project.
BMS DCU Domestic PHEV must be complied with environmental
condition of Eco-car: Co2 not exceeding 100 or 120 g/km.

* For passenger car with engine displacement under 3,000 cc

Battery Electric Vehicle (BEV):Conditions& Incentives 32

Condition
❖ Integrated Package:
Y6 Onward
 Vehicle assembly & key parts production
Y5
 Machinery Import & Installation plan
 Vehicle production plan [Y1 – Y3]
Y4
Y3  Parts production & sourcing plan
Y2  Waste management plan for used-battery
Y1  Thai supplier development plan
2017- ❖ Vehicle Standard :
BOI Certificate
2018
Issuance
 UN Reg. Vehicle Type Approval : L, M, N
❖ Application Date : Within Dec 31, 2018
CBU Import

Vehicle assembly
Privilege
BOI ➢ Import duty exemption for CBU for 2 years
Application Key Parts production within 6 Year
➢ Import duty exemption for machinery
➢ CIT exemption for 5-10 years
 5 years → 1 key part within 6th year +1 Year/
 6 years → 1 key part within 5th year 1 key part
 7 years → 1 key part within 4th year added
 8 years → 1 key part within 3th year
 10 years → with technology transfer
Battery * Motor after obtaining 8 years CIT
4 Key Parts ➢ 2% of excise tax rate if produce battery in the
project *
➢ BEV production can be counted as production
BMS DCU unit of Eco-car project.
 33
Battery Electric Bus : Condition & Incentives
Condition
❖ Integrated Package:
 Vehicle assembly & key parts production
 Machinery Import & Installation plan
Y3 Onward  Vehicle production plan [Y1 – Y3]
Y2
 Parts production & sourcing plan
2017- Y1
 Waste management plan for used-battery

BOI Certificate
2018
 Thai supplier development plan

Issuance
❖ Application Date : Within Dec 31, 2018

BOI  Vehicle assembly + at least 1 key Privilege

Application part production within 3 year
➢ Exemption of import duties on
machinery.
➢ CIT Exemption for 3-6 years
 3 years → 1 key part +1 Year/
 4 years → 2 key parts 1 key part
 5 years → 3 key parts added
Battery Motor  6 years → 4 key parts
4 Key Parts

BMS DCU
 Incentives for Battery Charging Station
• 5 Years of Corporate Income Tax Exemption
• Import Duties on Machinery Exemption

Propose EV Smart Build at least 40 chargers

Charging System (with at least 25% are quick type)
Development plan

Applicants must
Receive ISO 18000 as not get privileges
the standard within 3 from other
years after certified for government sectors
promotion

Propose procurement plan

for parts and equipment

Source: Thailand Board of Investment

การอนุมัติโครงการ
สถานะโครงการผลิตรถยนต์ไฟฟ้ า
จานวน 5 โครงการ จานวน 6 โครงการ จานวน 13 โครงการ
เงินลงทุนรวม 50,366 ล้านบาท เงินลงทุนรวม 11,443 ล้านบาท เงินลงทุนรวม 15,625 ล้านบาท
HEV กาลังการผลิตรวม 352,500 คัน/ปี PHEV กาลังการผลิตรวม 87,240 คัน/ปี BEV กาลังการผลิตรวม 125,140 คัน/ปี

สถานะล่าสุด

จานวน 2 โครงการ
เงินลงทุนรวม 665 ล้านบาท
BUS-EV กาลังการผลิตรวม 1,600 คัน/ปี
 สถานะการอนุมตั โิ ครงการผลิตชิน้ ส่วนรถยนต์ไฟฟ้ า และสถานีอดั ประจุไฟฟ้ า
ชิ้นส่วนรถยนต์ไฟฟ้ า

สถานี อดั ประจุไฟฟ้ า

จานวน 2 โครงการ
เงินลงทุนรวม 1,155 ล้านบาท
จานวนรวม 4,496 หัวจ่าย
Charging Station

บริษทั เดลต้าฯ ผลิต Traction Motor, Inverter, Onboard Charger, DC/DC Converter,
BMS และ DCU ภายใต้โครงการเดียวกัน
 37

Privileges for Automotive Parts

13 Key Parts in xEV General Parts
A2 - 8 years exemption of corporate income tax CIT
Parts
Exemption
Exemption of import duties on machinery High technology parts (Fuel injection 8 yrs. (cap)
and raw/essential material system, Transmission, Control Unit,
etc.)
50% reduction of the corporate income
Safety and energy saving parts (ABS, 8 yrs. (cap)
tax for 3-5 years if established in EEC EBD, Idling stop system, etc.)
Rubber tire 8 yrs. (cap)
Electrical
Traction Circuit Battery Transmission system parts 5 yrs.
Air Conditioning Motor Breaker
System/Part Portable EV Smart Automobile engines, Fuel system parts, 3 - 5 yrs.
Charger Charging Engine system parts, Safety parts
DCDC System Brake system parts, Suspension system 3 yrs.
BMS EV
converter parts, Steering system parts, Cooling
Connector system parts, Exhaust system parts, Air
Front / Rear
Axle for EV conditioning system parts, Body parts
bus DCU Inverter On-board using ultimate tensile strength steel,
Charger Ball bearing for vehicles
 38

xEV Parts : Opportunities for Thai Entrepreneurs

 39

Thank You
THAILAND BOARD OF INVESTMENT
555, Vibhavadi - Rangsit Rd.,
Chatuchak, Bangkok 10900, Thailand
Tel. (+66) 2553 8111

Website: http://www.boi.go.th
E-Mail: head@boi.go.th

www.boi.go.th