Ford to seek cut in excise tax for E85 vehicles
Ford Motor says it will once more initiate talks with the Thai government to seek a cut in excise tax for vehicles capable of using E85, The Nation reports in Thailand. E85 is expected to be 30 to 35% cheaper than petrol or diesel. The company has raised the proposal repeatedly over the past two years but never received a clear response. “We want the government to show its commitment [to alternative fuels] by supporting vehicles using E85 instead of petrol or diesel,” said Ziad Ojakli, group vice president for government and community relations. (May 23, 2008)