E20 Coming to Thailand
Beginning in January, the Thai government is cutting excise taxes on E20-compliant cars 5% to 25%-35% depending on engine size.
Compact and fuel-efficient cars being promoted under Thailand's EcoCar project will be the first vehicles designed to use a 20% ethanol/gasoline blend, known as E20, the Thai Automotive Industry Assn. says.
Beginning in January, the Thai government is cutting excise taxes on E20-compliant cars 5% to 25%-35% depending on engine size. Fuel companies plan to begin selling E20 at select stations.
TAIA President Suparat Sirisuwannangkura says soaring crude-oil prices will be strong motivation for drivers to buy smaller models and the cheaper fuel.
"Small-car assemblers will enjoy the current trend in line with motorists' requirements," he is quoted as saying
Consumption of E10, a mix of 10% ethanol/90% gasoline, has grown 129% to 1.4 million gallons (5.2 million L) per day in Thailand and is expected to reach 2.1 million gallons (8.0 million L) by year’s end.
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