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Search Result for “thailand us”

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Vietnam’s Vinfast focusing on Thailand’s EV market

Business, Lamonphet Apisitniran, Published on 04/04/2024

» Vietnamese electric vehicle maker Vinfast is competing with Chinese car companies to market its EVs in Southeast Asia, aiming to benefit from the Asean Free Trade Agreement (Afta).

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Official: Stay the course on EV sector

Wichit Chantanusornsiri, Published on 25/03/2024

» Despite concern over the arrival of the Chinese electric vehicle supply chain to the domestic automotive industry, Thailand must continue to fuel the growth of its EV sector, says finance permanent secretary Lavaron Sangsnit.

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Bumpy road for EV evolution

Published on 25/03/2024

» The rapid growth in electric vehicle investment in Thailand from many Chinese EV makers is, in the eyes of some industry observers, reminiscent of "zero dollar" tours.

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Taking a closer look at the EV expansion

Lamonphet Apisitniran, Published on 08/03/2024

» Domestic sales of battery electric vehicles (BEVs) skyrocketed last year by 603% year-on-year to 73,568 units, with the trend expected to continue this year, according to the Federation of Thai Industries (FTI).

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BMW to announce local EV battery plant plan

Business, Lamonphet Apisitniran, Published on 28/02/2024

» BMW Group Thailand is planning to build an electric vehicle battery factory in Thailand this year to support its sales of battery EVs and plug-in hybrid EVs, competing with Chinese EV supply chains.

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Incentives for companies transitioning to EVs approved

Reuters, Published on 21/02/2024

» Thailand has approved incentives for companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (EVs), the government said on Wednesday.

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Minister nudges industry towards sustainability for exports

Business, Phusadee Arunmas, Published on 15/02/2024

» The Thai automotive industry is being urged to speed up the transition to new global regulations, which emphasise sustainability and clean energy, while leveraging free trade agreements (FTAs) to hone their competitive edge.

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Auto sector faces bumpy sales

Lamonphet Apisitniran, Published on 05/02/2024

» The automotive industry is expected to have unequal sales growth this year, driven by motorists' changing lifestyles and choices by lenders.

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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.

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EV makers call for equal treatment in Thailand

Published on 17/01/2024

» Car manufacturers from Europe, the US and South Korea want the Thai government to ensure its electric vehicle promotion policy is mutually beneficial to all EV makers, following concerns that rivals from China and Japan have gained the upper hand.