Showing 1 - 6 of 6
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.
Chinese EVs bet they can dethrone Japan brands in Thailand
Bloomberg News, Published on 09/04/2024
» TOKYO - Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co promised to double sales in Thailand to 30,000 electric vehicles (EVs) this year.
Govt eyes $15bn investment after PM's global pitch
Bloomberg News, Published on 27/03/2024
» The government said it expects to garner at least US$15 billion (546 billion baht) in foreign direct investment in the next three years as Prime Minister Srettha Thavisin's trips around the world to woo electric vehicle (EV) makers and technology companies start to yield results.
Thailand bets on EVs to draw trillion baht in foreign investment
Bloomberg News, Published on 26/10/2023
» Thailand, renowned as the ‘Detroit of Asia’ for its production of internal combustion engine cars, wants to break into the top tier of electric vehicle (EV) makers as part of a goal to lure 1 trillion baht (US$28 billion) of investments in four years.
Govt mulls tax cuts, subsidies to spur electric car adoption
Bloomberg News, Published on 14/02/2022
» The government is weighing an array of incentives including lower taxes and cash subsidies to develop the market for electric vehicles, betting the perks may spur automakers to invest more and make Thailand a manufacturing hub for cleaner cars.
Myanmar opening is 'fall of Berlin Wall'
Bloomberg News, Published on 05/06/2013
» Coca-Cola Co Chief Executive Officer Muhtar Kent marked the return of the world's largest soda maker to Myanmar after 60 years by opening a bottling plant and pledging more investment in the newly opened economy.