Showing 1 - 10 of 37
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.
Tesla sold only one car in Korea in January
Bloomberg News, Published on 07/02/2024
» SEOUL - Tesla Inc sold just one electric vehicle (EV) in South Korea in January as a raft of headwinds, from safety concerns to price and a lack of charging infrastructure, weigh on demand.
Tesla, VW at risk of ties to Uyghur forced labour in China
Bloomberg News, Published on 01/02/2024
» NEW YORK - Five of the world's major carmakers are not sufficiently mapping their supply chains to stamp out links to forced labour programs in China's Xinjiang region, according to a report by Human Rights Watch (HRW).
Musk: Chinese EV firms will 'demolish' rivals without trade barriers
Reuters, Published on 25/01/2024
» SAN FRANCISCO - Tesla CEO Elon Musk said on Wednesday Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the United States electric vehicle (EV) market leader faces from the likes of BYD (Build Your Dreams), who are racing to expand worldwide.
Toyota chief says battery EV potential limited
Published on 23/01/2024
» Toyota Motor Corp chairman Akio Toyoda believes the market share of battery electric vehicles will reach 30% at most, with the rest taken up by hybrids, hydrogen fuel cell and fuel-burning cars.
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.