September 20, 2026 ยท 20 min read
Thailand vs Malaysia vs Singapore vs Indonesia: Which ASEAN Market Lands a Chinese EV Cheapest?
Thailand lands a Chinese EV cheapest on customs โ 0% ACFTA duty and 7% VAT put a BYD Seal at $31,068 (+25.8%). Malaysia follows at $33,167 (5% duty + 10% SST), Singapore at $37,155 (20% excise + 9% GST) before its COE gate, and Indonesia is hardest at $45,809 (50% duty after the CBU exemption expired). Four markets, four different gates โ the full matrix, model by model.
Thailand Malaysia Singapore