Ministry of Finance Issued a Notice on the Subsidy Policy for Promoting New Energy Vehicles

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Ministry of Finance Issued a Notice on the Subsidy Policy for Promoting New Energy Vehicles,
TISI,

▍What is TISI Certification?

TISI is short for Thai Industrial Standards Institute, affiliating to Thailand Industry Department. TISI is responsible for formulating the domestic standards as well as participating in international standards formulation and supervising the products and qualified assessment procedure to ensure the standard compliance and recognition. TISI is a governmental authorized regulatory organization for compulsory certification in Thailand. It is also responsible for formation and management of standards, lab approval, personnel training and product registration. It is noted that there is no non-governmental compulsory certification body in Thailand.

 

There is voluntary and compulsory certification in Thailand. TISI logos (see Figures 1 and 2) are allowed to use when products meet the standards. For products that have not yet been standardized, TISI also implements product registration as a temporary means of certification.

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▍Compulsory Certification Scope

The compulsory certification covers 107 categories, 10 fields, including: electrical equipment, accessories, medical equipment, construction materials, consumer goods, vehicles, PVC pipes, LPG gas containers and agricultural products. Products beyond this scope are fall within the voluntary certification scope. Battery is compulsory certification product in TISI certification.

Applied standard: TIS 2217-2548 (2005)

Applied batteries:Secondary cells and batteries(containing alkaline or other non-acid electrolytes – safety requirements for portable sealed secondary cells, and for batteries made from them, for use in portable applications)

License issuance authority:  Thai Industrial Standards Institute

▍Why MCM?

● MCM cooperates with factory audit organizations, laboratory and TISI directly, capable to provide best certification solution for clients.

● MCM possesses 10 years abundant experience in battery industry, capable to provide professional technical support.

● MCM provides one-stop bundle service to help clients enter into multiple markets (not only Thailand included) successfully with simple procedure.

In accordance with the decisions and arrangements of the Party Central Committee and the State Council, since 2009, the Ministry of Finance and relevant departments have vigorously supported the development of the new energy vehicle industry. With the joint efforts of all parties, our country’s new energy vehicle technology level has been continuously improved, product performance has been significantly improved, and the production and sales scale has ranked the first in the world for six years.
April, 2020, the four ministries (the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the National Development and Reform Commission) jointly issued the notice of improving the policies on Government Subsidies for Promotion and Application of New Energy Vehicles (Finance and Construction [2020] No. 86). “In principle, the subsidies for 2020-2022 shall be cut by 10%, 20% and 30%, eligible vehicles for public transportation. The official business of Party and government bodies shall not be reduced in 2020, but the reduced in 2021-2022 by 10% and 20% respectively from a year earlier. In principle, the subsidized vehicles shall be capped at roughly 2 million units per year. “In 2021, facing the adverse effects as the spread of the global epidemic and the shortage of chips, new energy vehicle industry still achieve substantial growth, and the industry is developing in a good trend. In 2022, the subsidy policy will continue to decline in an orderly manner according to the established arrangements, which create a stable policy environment. The four ministries recently issued the Notice, clarifying the relevant requirements of the financial subsidy policy.


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