17 April 69

The Treasury accelerated the design of the "old car, redeem the new car" policy, the quota of 1-2 thousand cars, starting this year, first come, first served.

On April 17, 2026, the "Crash Resolution" reported that the old car project exchanged new cars to encourage people to switch to EVs or hybrid cars. The Treasury Ministry is currently discussing the details and waiting for clarity on the budget money to be implemented.

Initially, the first phase will have a quota of 10,000-20,000 cars, who comes first, or first-come, first-served, but an open-ended policy, which will have many rounds starting this year.

The reason for limiting quotas is not only a limited budget, but the government testing the old car wreck disposal system, how to manage it, a structural transition that needs careful action.

Now looking at how much budget to redeem a new car. EV, hybrid, PHEV. How old a car can be redeemed. There is a limited quota to redeem for a specified amount of cars.

For budget subsidies, for old cars to exchange new cars, the price will be immediately reduced in front of the badge. The government will pay subsidies through the car camp, making the price of the car cheaper.

In addition, the government has a low-interest loan measure from the Savings Bank of $5,000 million to borrow no more than $2 million per person. The interest rate for the first 1-2 years does not exceed 3.5% per year. It can be used to buy an EV or an EV motorcycle by loaning until March 31, 2027.

Previously, Eknithi Nitiprasat, Deputy Prime Minister and Treasury Department revealed that they ordered the Permanent Secretary to redesign old car measures. Preliminary new cars will confiscate low CO2 emissions, including those made in Thailand, which are not limited to electric cars, but also hybrids that use electric mixing oil and low CO2 emissions according to the criteria to be determined, but oil vehicles are not available.