Showing 1 - 10 of 17
Bolt's EV Usage Soars as Thailand Goes Green
Published on 19/09/2024
» In a significant development for Thailand's urban transportation sector, ride-hailing company Bolt has reported a remarkable increase in the use of electric vehicles (EVs) on its platform. The announcement comes as the country celebrates World Car Free Day and demonstrates a growing preference for emission-free mobility options among Thai commuters.
Thailand's EV makers seek to renegotiate govt incentives as sales slow
Reuters, Published on 11/09/2024
» As sales of electric vehicles (EVs) miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives.
Thai EV sales to miss target as banks curb loans on debt risk
Bloomberg News, Published on 06/09/2024
» Thailand’s electric vehicle (EV) sales are set to miss target this year as lenders turn more cautious in sanctioning new auto loans with the nation’s household debt hovering near a record, according to an industry group.
Mercedes-Benz teams up with TikTok owner ByteDance on AI technology for in-car systems
South China Morning Post, Published on 15/08/2024
» Mercedes-Benz has struck a partnership with the cloud unit of ByteDance, which owns popular short video apps TikTok and Douyin, for "cooperation and exploration" of large language models (LLMs), generative artificial intelligence (GenAI) and big data.
Hyundai to invest $28m in Thailand for EV assembly, batteries
Reuters, Published on 07/08/2024
» South Korean auto maker Hyundai Motor Company will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, the country's Board of Investment (BOI) said on Wednesday.
Thailand to offer investment incentives for makers of hybrid vehicles
Reuters, Published on 26/07/2024
» Regional auto making hub Thailand will introduce investment incentives for manufacturers of hybrid vehicles, its Board of Investment (BOI) said on Friday, with excise taxes for hybrids to be lowered from 2028 to 2032.
Chinese EV makers urged to use locally sourced parts
Business, Lamonphet Apisitniran, Published on 23/07/2024
» The Industry Ministry is requesting Chinese electric vehicle manufacturers assemble their EVs with at least 40% of parts sourced locally in a move to support the automotive supply chain in Thailand.
Chinese EV makers urged to use parts made in Thailand
Lamonphet Apisitniran, Published on 22/07/2024
» The Industry Ministry is requesting Chinese electric vehicle manufacturers assemble their EVs with at least 40% of parts sourced locally in a move to support the automotive supply chain in Thailand.
Long road ahead for EV industry
Editorial, Published on 14/07/2024
» The ongoing price wars and uncertainty surrounding insurance coverage for electric vehicles serve as reminders that Thailand's EV industry is still in a transitional stage. However, these challenges should not deter the nation from its path towards an electric future.
China's BYD opens EV factory in Thailand, first in Southeast Asia
Reuters, Published on 04/07/2024
» RAYONG - China's BYD (Build Your Dreams) opened an electric vehicle (EV) plant in Thailand on Thursday, the auto maker's first factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player.