Showing 1 - 10 of 61
Thailand's EV makers seek to renegotiate govt incentives as sales slow
Reuters, Published on 11/09/2024
» As sales of electric vehicles (EVs) miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives.
Toyota global output falls for 6th straight month
Reuters, Published on 29/08/2024
» TOKYO - Toyota Motor said on Thursday its global production slipped for a sixth straight month in July, hurt by declines in markets such as China and Thailand, though the fall was smaller than the previous month's double-digit drop.
Taiwanese startup touts Thai relocation
Suchit Leesa-nguansuk, Published on 22/08/2024
» Thailand can gain a geopolitical advantage from Taiwan by manufacturing electric vehicle (EV) batteries and auto components, including integrated circuit packaging and testing.
PTT to put stress on EV charging services
Business, Yuthana Praiwan, Published on 21/08/2024
» National oil and gas conglomerate PTT Plc aims to focus more on electric vehicle (EV) charging services in line with Thailand's expanding EV market, but will consider adjusting its other EV-related businesses, including its electric car assembly operations.
Prospects for Tesla plant in Thailand dim
Mongkol Bangprapa, Published on 13/08/2024
» The government is waiting for word from Tesla as to whether it will scrap its plan to invest in Thailand, according to government spokesman Chai Wacharonke.
Auto sector drives industrial land sales
Business, Kanana Katharangsiporn, Published on 13/08/2024
» Land transactions in industrial estates during the first half of 2024 exceeded the annual target set by the Industrial Estate Authority of Thailand (IEAT), driven by strong demand in the automotive sector, particularly from Chinese investors.
Incentives for auto parts joint ventures approved
Reuters, Published on 08/08/2024
» Thailand has approved incentives for joint ventures (JV) between Thai and foreign companies to manufacture automotive parts for vehicles using all types of propulsion systems, its Board of Investment (BOI) said on Thursday.
Hyundai to invest $28m in Thailand for EV assembly, batteries
Reuters, Published on 07/08/2024
» South Korean auto maker Hyundai Motor Company will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, the country's Board of Investment (BOI) said on Wednesday.
Thailand to offer investment incentives for makers of hybrid vehicles
Reuters, Published on 26/07/2024
» Regional auto making hub Thailand will introduce investment incentives for manufacturers of hybrid vehicles, its Board of Investment (BOI) said on Friday, with excise taxes for hybrids to be lowered from 2028 to 2032.
Thai investigation into BYD EV discounts moves ahead despite cash-back offer
Reuters, Published on 19/07/2024
» A Thai investigation into discounts from China's BYD (Build Your Dreams) will continue despite a cash-back programme from its distributor in response to a backlash from consumers who felt they overpaid for their electric vehicles (EVs), a senior official said on Friday.