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BANGKOK (Reuters) – Chinese language automaker Nice Wall Motor has signed an settlement with Thailand’s authorities to scale back retail costs of its electrical autos within the nation, an government mentioned on Tuesday.
“The coverage now we have now’s a discount of 150,000 baht ($4,473.61) and naturally there may be some VAT (value-added tax)… so the entire quantity we’re saving for buyer is (as much as) 165,000 baht,” Michael Chong, Common Supervisor of Nice Wall Motor Thailand instructed Reuters.
(Reporting by Chayut Setboonsarng; Modifying by Martin Petty)
Copyright 2022 Thomson Reuters.
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