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Search Result for “$8 billion”

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NEWS

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.

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NEWS

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.

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NEWS

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.

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NEWS

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.

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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

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

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).