Showing 31 - 40 of 42
Motorcycle production projected to rise in Q4
Business, Lamonphet Apisitniran, Published on 04/10/2023
» Stronger demand for motorcycles is expected to increase Thai manufacturing in this year's final quarter, as the sector struggles with sluggish sales, says the Federation of Thai Industries (FTI).
BEV sales to soar despite lending restraint
Lamonphet Apisitniran, Published on 22/09/2023
» Sales of battery electric vehicles (BEVs) are expected to reach 60,000-70,000 units this year, exceeding the target of 40,000 units, as demand soars even though banks are enforcing stricter loan criteria which threatens to affect domestic car manufacturing, says the Federation of Thai Industries (FTI).
Kcar predicts sluggish rental market
Business, Lamonphet Apisitniran, Published on 13/09/2023
» Krungthai Car Rent & Lease Plc (Kcar) expects Thailand's car rental business to grow by only 2-3% this year, while the used car business is likely to slow down.
GAC Aion set to assemble EVs in the EEC next year
Business, Lamonphet Apisitniran, Published on 12/09/2023
» GAC Aion New Energy Automobile, an electric vehicle (EV) maker under Guangzhou Automobile Corporation (GAC), the second-largest seller of EVs in China, plans to assemble its first battery EVs in June 2024 at the company's new factory in the Eastern Economic Corridor (EEC).
EV producers upbeat on investment
Business, Lamonphet Apisitniran, Published on 08/09/2023
» More electric vehicle (EV) manufacturers are expected to invest in Thailand, although the latest EV incentive package is believed to be less attractive than its predecessor, says the Electric Vehicle Association of Thailand (EVAT).
Chinese EV producer to set up Thai plant
Lamonphet Apisitniran, Published on 04/09/2023
» Omoda & Jaecoo International Co, a subsidiary of China's state-owned automobile manufacturer Chery International, plans to apply for Board of Investment (BoI) privileges to set up an electric vehicle (EV) production base in Thailand.
Korean EV makers meet BoI to discuss opportunities
Business, Lamonphet Apisitniran, Published on 31/08/2023
» A group of electric vehicle (EV) businesses from South Korea and the mayor of Yeonggwang-gun, Korea's leading e-mobility city, recently met with the Thai Board of Investment (BoI) to seek EV investment opportunities here.
Thai Honda jittery on domestic sales
Business, Lamonphet Apisitniran, Published on 30/08/2023
» Thai Honda Manufacturing Co, a local motorcycle manufacturer and distributor, is concerned rising household debt and the Bank of Thailand's plan to regulate operators of auto hire-purchase and leasing businesses will affect the country's motorcycle sales this year.
Aion to spend B6bn on Thai EV factories
Business, Lamonphet Apisitniran, Published on 26/08/2023
» Aion Automobile Manufacturing (Thailand), a subsidiary of Guangzhou Automobile Corporation (GAC), the second-largest electric vehicle (EV) seller in China, plans to spend 6 billion baht building EV and battery factories in Thailand over 3-5 years, using the country as its new production and export base.
Aion to spend B6bn on Thai EV factories
Lamonphet Apisitniran, Published on 25/08/2023
» The local subsidiary of Guangzhou Automobile Corporation (GAC), the second-largest electric vehicle seller in China, will spend 6 billion baht building EV and battery factories in Thailand over the next three to five years to use the country as its new production and export base.