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Search Result for “$8 billion”

Showing 11 - 20 of 31

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NEWS

EV battery subsidies head to cabinet soon

Business, Lamonphet Apisitniran, Published on 06/03/2023

» The Industry Ministry plans to ask the cabinet to approve an incentive package for electric vehicle (EV) battery production before dissolution of the House of Representatives this month.

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NEWS

Southeast Asia lags in EVs. Can it catch up?

Reuters, Published on 23/02/2023

» KUALA LUMPUR: For self-confessed tech geek and adrenaline junkie Farhan Abdul Rahim, becoming one of the first Malaysians to own an electric car in 2020 was a no-brainer - but he did not simply stop there.

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NEWS

EPG expecting stronger sales as chip shortage eases

Business, Lamonphet Apisitniran, Published on 14/02/2023

» SET-Listed Eastern Polymer Group Plc (EPG), a Thai plastic moulder, expects to see higher demand for its products as the global semiconductor shortage is believed to have eased.

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NEWS

EV battery excise tax to be reduced to 1%

News, Lamonphet Apisitniran, Published on 03/02/2023

» A national committee on electronic vehicle policy, also known as the EV board, on Thursday agreed in principle on a proposal to lower the excise tax on EV batteries from the current 8% to just 1% while offering a 24-billion-baht subsidy to the EV battery-producing industry.

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NEWS

CP Foton Sales to spend B1bn on factory

Business, Lamonphet Apisitniran, Published on 20/01/2023

» CP Foton Sales Co, a Thai-Chinese automaker in the commercial vehicle segment, plans to spend 1 billion baht building a factory to assemble electric vehicles (EVs) and oil-powered vehicles in Thailand by 2026.

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NEWS

EV producers cheered by bookings at motor show

Business, Lamonphet Apisitniran, Published on 15/12/2022

» Bookings for 5,800 electric vehicles (EVs) at the Thailand International Motor Expo are providing fuel for the government's ongoing efforts to develop the domestic EV industry.

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NEWS

Motor Expo takes over 42,000 orders

Online Reporters, Published on 13/12/2022

» The Motor Expo in Nonthaburi province on Dec 1-12 took orders for more than 42,700 vehicles, generated 51-billion-baht in transactions and attracted 1.33 million visitors, according to the organiser.

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NEWS

Vietnamese EV maker VinFast files for US IPO

Bloomberg News, Published on 07/12/2022

» HANOI: VinFast, an electric carmaker backed by Vietnam’s richest man trying to take on Elon Musk’s Tesla Inc, has filed for an initial public offering in the United States just as it prepares to deliver its first sport utility vehicles (SUVs) to California customers later this month.

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NEWS

Small player EV Primus preps electric car supermarket

Business, Ranjana Wangvipula, Published on 25/10/2022

» EV Primus Co, the distributor of China's second-largest automaker DFSK (Dongfeng), is planning to set up an "EV supermarket" for motorists with varied lifestyles as it strives to compete in the electric vehicle market.

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NEWS

Motorcycle output falls in H1, exports increase 2.94%

Business, Lamonphet Apisitniran, Published on 02/08/2022

» Thailand's motorcycle industry is being hit by the ongoing global semiconductor shortage, which caused production to fall by 1.26% year-on-year to 1.24 million units during the first half of 2022, says the Federation of Thai Industries (FTI).