BOI enhances battery manufacture investment incentives

BOI enhances battery manufacture investment incentives

The Thailand Board of Investment (BOI) has announced incentives for battery production using advanced technology. The incentives apply to both existing and new projects, ranging from battery cells to battery modules. They also apply to production of high energy density batteries. Eligible enterprises will enjoy 90% reduction in import duties on raw and essential materials for 5 years for output sold domestically.

Do you like the content of this article?

Southern attacks

Insurgents launch coordinated bomb and arson strikes on convenience stores and petrol stations in three southern border provinces, causing considerable property damage.


A silent Prayut

Gen Prayut remains tight-lipped about the opposition's move to seek a Constitutional Court ruling over a dispute regarding the eight-year limit on his premiership.


Elon Musk tweets he is 'buying Manchester United'

Elon Musk tweeted Tuesday evening that he is purchasing the Manchester United football club, although it was not clear if the eccentric billionaire, currently embroiled in a lawsuit over his bid to buy Twitter, was being serious.