Showing 1 - 6 of 6
Thai EV sales to miss target as banks curb loans on debt risk
Bloomberg News, Published on 06/09/2024
» Thailand’s electric vehicle (EV) sales are set to miss target this year as lenders turn more cautious in sanctioning new auto loans with the nation’s household debt hovering near a record, according to an industry group.
VinFast delays Thai dealerships amid global EV sales slowdown
Bloomberg News, Published on 22/08/2024
» HANOI - Vietnamese electric-vehicle (EV) maker VinFast Auto Ltd is postponing the opening of its Thailand dealership network amid a broad slowdown in passenger car sales in Southeast Asia's second-largest economy.
Hyundai starts local assembly of Ioniq 6 EV in Singapore
Bloomberg News, Published on 19/07/2024
» SINGAPORE - Hyundai Motor Company kicked off final assembly of its Ioniq 6 electric sedan in Singapore on Friday, reaffirming a commitment to the factory that could one day churn out as many as 30,000 cars a year.
Suzuki to stop making cars in Thailand to focus on EV shift
Bloomberg News, Published on 07/06/2024
» Suzuki Motor Corp will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company said Friday.
Chinese EVs bet they can dethrone Japan brands in Thailand
Bloomberg News, Published on 09/04/2024
» TOKYO - Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co promised to double sales in Thailand to 30,000 electric vehicles (EVs) this year.
Indonesia says BYD to invest $1.3 billion to boost output
Bloomberg News, Published on 19/01/2024
» China’s BYD (Build Your Dreams), the world’s largest maker of electric vehicles (EVs), will invest US$1.3 billion in Indonesia, including in a production facility, according to a senior government official.