Showing 1 - 10 of 31
BoI pins hopes for growth on new Chinese investors
Business, Lamonphet Apisitniran, Published on 05/07/2023
» The Board of Investment (BoI) expects two Chinese electric vehicle (EV) makers to fuel growth of the Thai EV industry through their planned investments here.
FTI upbeat on motorcycle production
Business, Lamonphet Apisitniran, Published on 30/06/2023
» The Federation of Thai Industries (FTI) is maintaining its projection for motorcycle production this year at 2.1 million units, thanks to higher demand driven by the tourism recovery.
BYD overtakes LG as world's No.2 EV battery supplier
South China Morning Post, Published on 06/06/2023
» BYD, backed by Warren Buffett's Berkshire Hathaway, has gone past LG Energy Solution as the world's second-largest electric vehicle (EV) battery producer, reinforcing China's dominance of the industry as EV adoption picks up pace globally.
Chon Buri to get new EV battery factory
Business, Lamonphet Apisitniran, Published on 13/05/2023
» Chinese high-tech enterprise Anwha (Shanghai) Automation Engineering has chosen Thailand's Eastern Economic Corridor as its first overseas production base to make batteries for an electric vehicle (EV) manufacturer.
China's EV price war expected to continue after discounts fail to ignite car sales
South China Morning Post, Published on 11/05/2023
» The ongoing price war in China's automobiles market is likely to continue as previous rounds of heavy discounts have failed to spur sales, dimming the earnings outlook for most of mainland China's carmakers.
Excise requests extra B3bn for EV subsidy
Business, Wichit Chantanusornsiri, Published on 08/05/2023
» The Excise Department plans to ask for an additional government budget of 3 billion baht to subsidise the use of electric vehicles (EVs) in the state EV subsidy scheme, in line with the rising sales volume, says deputy director-general Kriengkrai Pattanaporn.
YSS expands operations
Life, Jedd Sreshthaputra, Published on 08/05/2023
» Thai shock absorber manufacturer YSS has opened a 400 million baht distribution and service centre which will serve as a blueprint for its aggressive network expansion strategy into future Bangkok areas and provincial markets as well as the Asean region and other global markets.
MGC-Asia bullish on revenue outlook
Business, Sirinnaree Ongsakul, Published on 27/04/2023
» Car dealer Millennium Group Corporation (MGC-Asia) is aiming for double-digit growth in revenue this year thanks to a significant recovery in the automotive industry, with plans to invest more in the electric vehicle (EV) segment.
Changan to invest B9.8bn in EV factory
Business, Lamonphet Apisitniran, Published on 21/04/2023
» Chinese carmaker Changan Automobile looks set to become the latest electric vehicle (EV) investor in Thailand after announcing a 9.8-billion-baht investment to develop a range of models here.
Incentives to spur EV sales
Business, Published on 17/03/2023
» Thailand will remain the largest electric vehicle market in Southeast Asia going forward as prospects of consumer-focused incentives will supplement existing incentives for automakers to produce EVs locally.