Showing 1 - 10 of 20
Thai investigation ‘clears BYD over discounts’
Published on 29/11/2024
» The Consumer Protection Board in Thailand has cleared the Chinese electric vehicle maker BYD of wrongdoing over discount practices that prompted complaints from BYD owners and a subsequent investigation, two sources familiar with the matter said.
BYD owners slam 'unfair' practice
Post Reporters, Published on 04/10/2024
» A group of Build Your Dreams (BYD) owners lodged a complaint against the company with the government on Thursday, saying the Chinese automaker's aggressive marketing campaign constitutes an unfair selling practice.
BYD ‘to offer free charging’ after discount protest
Post Reporters, Published on 31/07/2024
» The Thai importer and distributor of BYD cars will offer one year of free charging to previous buyers of about 50,000 of its electric vehicles to make up for recent price slashing, according to a cabinet minister.
Susco, IFS launch Beyond Leasing
Business, Yuthana Praiwan, Published on 31/07/2024
» SET-listed Susco Plc, a local oil retailer, is putting a greater emphasis on non-oil businesses by establishing electric vehicle (EV) and car financing businesses as part of its efforts to depend less on the oil trade, which is prone to global price fluctuations.
Thai investigation into BYD EV discounts moves ahead despite cash-back offer
Reuters, Published on 19/07/2024
» A Thai investigation into discounts from China's BYD (Build Your Dreams) will continue despite a cash-back programme from its distributor in response to a backlash from consumers who felt they overpaid for their electric vehicles (EVs), a senior official said on Friday.
Chinese EV price cuts get TCCT green light
Phusadee Arunmas, Published on 08/07/2024
» The Trade Competition Commission of Thailand (TCCT) says price wars among electric vehicle (EV) dealerships do not violate the trade competition law, but rather foster competition.
BYD acquires 20% stake in Thai dealer
Published on 06/07/2024
» The Chinese electric vehicle maker BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is the EV market leader, the companies said on Saturday.
BYD urged to shield EV prices
News, Bangkok Post, Published on 06/07/2024
» Prime Minister Srettha Thavisin called on BYD (Build Your Dreams), China's electric vehicle (EV) giant, to ensure protection and a proper pricing policy for consumers after some of its dealers offered steep discounts, leaving customers who had bought the vehicles before the discount campaign feeling "short-changed".
Complaints about EV discounting investigated
Published on 03/07/2024
» Thai consumer protection authorities are investigating BYD dealers after a consumer complaint about aggressive discounting by the Chinese electric vehicle maker that left some buyers upset about how much they paid for their cars.
Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.