Showing 1 - 10 of 45
Chinese EVs flood Thai market, but after-sales support lags
Published on 11/07/2025
» Thailand’s electric vehicle (EV) market is expanding rapidly, driven by generous government subsidies and tax incentives. However, the influx of Chinese EV brands has sparked concerns over inadequate after-sales service, leaving consumers vulnerable—especially in light of the ongoing controversy surrounding NETA, a Chinese EV brand now facing legal action over unresolved customer complaints.
BoI targets faster EV growth
Business, Lamonphet Apisitniran, Published on 10/06/2025
» The Board of Investment (BoI) aims to help the country drive up employment by boosting the growth of the electric vehicle (EV) industry.
B5 billion fund propels motor show sales
Lamonphet Apisitniran, Published on 12/04/2025
» The newly established 5-billion-baht government fund has begun to lift domestic auto sales, helping to drive total vehicle bookings at the recent Bangkok International Motor Show.
China’s EV makers are facing a reality check in Southeast Asia
Published on 03/03/2025
» On a recent Thursday morning in Hanoi, Chinese electric vehicle giant BYD began the day with a showroom devoid of customers. Just a few kilometres away, a dealership for upstart Vietnamese EV maker VinFast Auto was buzzing, with would-be buyers pouring over new models.
Drivers satisfied with after-sales service
Business, Published on 26/02/2025
» Thai drivers say they are more satisfied with after-sales service provided by mass market auto brands despite a grim sales outlook for automakers this year, according to new consumer research.
Thai EV sales could jump 40% in 2025
Reuters, Published on 31/01/2025
» Thailand is bracing for an extended electric vehicle (EV) price war triggered by a surge in local production from Chinese car makers, a move likely to deal a further blow to a domestic auto industry already struggling with tumbling sales, industry experts said.
EV overview shows sales growth slowing
Published on 04/01/2025
» Electric vehicle (EV) sales in Thailand slowed considerably in 2024 following explosive growth of 320% in 2023, as a reduction in incentives offered to consumers and stricter loan requirements negatively impact the pace of adoption.
24X Secures Series B Funding for Service Expansion
Published on 19/12/2024
» 24X, a Thailand-based startup revolutionising the maintenance and living services landscape, has successfully raised Series B funding from Wavemaker Ventures, the early-stage fund of Wavemaker Partners, and Krungsri Finnovate. The funding marks a significant milestone in 24X’s journey toward becoming a comprehensive service provider, specialising in maintenance, installation, and renovation for B2B and B2C markets.
Indonesia presses ahead with VAT hike across the board, not only luxury goods
Published on 16/12/2024
» JAKARTA - Indonesia on Monday decided to go ahead with a wide-ranging increase in the value-added tax rate to 12% next year, reversing a plan to only apply the hike to luxury goods, but will introduce measures to soften the blow on lower-income earners.
Modest growth likely for Thai vehicle production in 2025
Published on 13/12/2024
» Thailand's automotive sector continues to face significant economic and financial headwinds as of the third quarter of 2024.