A Securities and Exchange Commission board member says the government must answer three questions before restructuring car excise tax: how to replace lost excise revenue as both car tax and fuel tax shrink, where consumers' savings from cheaper EVs will be spent in the Thai economy, and which vehicle segments (pickups, commercial and heavy trucks) Thailand can still compete in. EVs enter duty-free from China under ACFTA, while ICE, hybrid and plug-in hybrid cars face duty up to 50%. No decision or deadline has been announced. For now, keep pricing and stock plans flexible if you sell or service cars, and watch for a formal excise proposal.