Government policies are crucial factors for supporting the growth of the electric vehicle (EV) industry—a growth that can be encouraged, for example, by subsidization designed to reduce the considerable anxiety stemming from the inconvenience of refueling at public charging stations. Subsidizing low priority charging for residential enables cost-effective load management for example controlling of EV charging power for grid reliability at the off-peak rate for 24 h. This solution provides the convenient recharging of EVs at home and prevents an expensive grid upgradation. To advance our understanding of the EV situation, this research used a regression model to forecast the growth rate of the EV market alongside the EV expansion policies in Thailand. The agreement between a policy and forecasting urges the government to prepare power system adequacy for EV loading. The analysis showed that power demand and voltage reduction in a typical low-voltage distribution system that assumes maximum EV loading constitute voltage violations. To address this limitation, this study proposed a rule-based strategy wherein low priority smart EV charging is regulated. The numerical validation of the strategy indicated that the strategy reduced power demand by 25% and 39% compared with that achieved under uncontrolled and time of use (TOU) charging, respectively. The strategy also limited voltage reduction and prolonged battery life. The study presents implications for policymakers and electricity companies with respect to possible technical approaches to stimulating EV penetration.