Showing 1 - 10 of 1,187
Hozon, Chinese EV giant behind NETA, files for bankruptcy - what it means for Thailand
Online Reporters, Published on 23/06/2025
» On June 19, China's state-owned media outlet CCTV reported that Zhejiang Hozon New Energy Automobile, the parent company of electric vehicle brand NETA, had officially filed for bankruptcy. The filing came after a creditor sued the company over an unpaid debt of approximately 5.3 million yuan (about US$730,000), amid total liabilities exceeding 10 billion yuan ($1.4 billion).
Trump moves to block California electric cars programme
AFP, Published on 13/06/2025
» WASHINGTON - US President Donald Trump on Thursday signed resolutions blocking California's landmark efforts to phase out gas-powered cars in favour of electric vehicles, a move the state immediately contested in court.
Troubled EV firm Neta may have to repay Thai subsidies
Published on 11/06/2025
» Electric vehicle (EV) importers participating in the Thai government’s subsidy programme are required to return any subsidies received if they fail to comply with the conditions, says Deputy Finance Minister Paopoom Rojanasakul.
Car industry seeks easier loans amid weak sales
Published on 10/06/2025
» Thai automobile sales executives are urging the government to quickly devise new measures that could nudge banks to grant more auto loans to prospective buyers, seeking to lift both the new and used car markets.
Why China's auto, tech giants threaten Tesla’s self-driving future
Published on 10/06/2025
» AUSTIN — Chinese electric-vehicle makers led by BYD (Build Your Dreams) beat Tesla in the competition to produce affordable electric vehicles (EVs). Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.
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.
Chinese EV maker Neta woes pose threat to Thai car dealers
Nareerat Wiriyapong, Published on 09/06/2025
» Troubles facing ailing Chinese electric vehicle (EV) maker Neta could have a drastic spillover effect on Thai car dealers, possibly forcing them to shut down, while insurance companies may choose to collect premiums directly from policyholders, says Allianz Ayudhya General Insurance (AAGI).
EV sector faces bumpy road
Published on 09/06/2025
» A recent uptick in electric vehicle sales may not signify a smooth path for the Thai EV industry following double-digit growth.
China warns EV makers over price war
Published on 06/06/2025
» Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns about the long-running price war, according to people familiar with the matter.
Chinese carmakers near 10% UK share after fivefold BYD surge
Bloomberg News, Published on 05/06/2025
» LONDON — Chinese automakers stepped up their push into the United Kingdom (UK) last month, closing in on a 10% market share for the first time as demand for BYD (Build Your Dreams) Co electric models continues to boom.