Showing 1 - 10 of 42
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.
Thai economy faces upheaval due to factory closures and cheap Chinese imports
Published on 15/07/2024
» BANGKOK, Thailand - When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.
Honda to end vehicle production at Ayutthaya plant
Published on 09/07/2024
» Honda Automobile (Thailand) says it plans to stop making cars at its Ayutthaya factory and consolidate all assembly at an expanded Prachin Buri facility to enhance its competitiveness in the electric vehicle (EV) segment.
Thai EVs face insurance hurdles
Published on 02/07/2024
» Thailand’s rapidly expanding electric vehicle (EV) market could face setbacks if insurance companies refuse to provide coverage for EVs, says the Thai Automotive Industry Association (TAIA).
Addressing the skills gap
Published on 17/06/2024
» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".
Local EV industry sees bright prospects
Business, Published on 07/05/2024
» Local operators of businesses related to electric vehicles (EVs) remain upbeat about the growth prospects of the Thai EV market, as they do not expect a slump similar to the one in Europe.
China offers subsidies for car trade-ins
Published on 26/04/2024
» BEIJING - China will give a one-time subsidy of up to 10,000 yuan (US$1,380 or 50,000 baht) to consumers who trade in old cars and buy newer models in a move to stimulate the auto industry and the economy.
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.
Tesla tosses out the assembly line
Published on 28/03/2024
» Tesla Inc has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered by Henry Ford.
Ferrari sued by drivers over brake defect
Reuters, Published on 19/03/2024
» NEW YORK - Ferrari has been sued in the United States by drivers who said the Italian luxury sports car maker has failed to fix vehicles at risk of a partial or total loss of braking capability.