Under the ASEAN-China FTA, the Thai government does not impose any tax on EVs from China. This will give an incredible advantage to the Volvo XC40 Recharge pure electric in Thailand.
According to our colleagues in Thailand, the import tax for EVs in Thailand are 20% for EVs from Japan, 40% for EVs from Korea, and 80% for EVs from Europe.
The pure electric Volvo XC40 will be sold alongside the Volvo XC40 Recharge T5 PHEV (imported from Malaysia) in Thailand. The PHEV Volvo XC40 is due to launch in Malaysia later this week.
Having made its world debut in October 2019, the Volvo XC40 Pure Electric produces a total power output of 408 PS and has a total torque of 660 Nm. Power is sent to all four wheels.
Battery capacity is rated at 78 kWh, providing a 418 km range on the WLTP cycle. For charging, the Volvo XC40 is capable of 11 kW AC charging (0-100% in 8 hours) or 150 kW DC fast charging (0-80% in 40 minutes).
A fully-electric Volvo XC40 (CBU from China) might not be reaching Malaysian shores soon, but at least we have the PHEV version to look forward to later this week.