Showing 1 - 10 of 19
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.
Toyota global output falls for 6th straight month
Reuters, Published on 29/08/2024
» TOKYO - Toyota Motor said on Thursday its global production slipped for a sixth straight month in July, hurt by declines in markets such as China and Thailand, though the fall was smaller than the previous month's double-digit drop.
Toyota retains No. 1 spot in 1st half global sales for 5th year
Reuters, Published on 30/07/2024
» TOKYO - Toyota Motor Corp said Tuesday that its group sold 5.16 million vehicles worldwide in the first half of 2024, outselling German rival Volkswagen AG to retain the top spot in global sales for the fifth straight year.
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.
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 maker GAC AION opens factory in Thailand
Reuters, Published on 17/07/2024
» BANGKOK - China's electric vehicle (EV) maker GAC Aion, a subsidiary of GAC Group, on Wednesday opened its first factory in Thailand, a key regional auto export and assembly hub and fast-growing EV market.
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.
Chinese automakers retain grip over Southeast Asia's EV market
Reuters, Published on 21/06/2024
» Electric vehicle (EV) sales are surging in Southeast Asia, led by China's BYD (Build Your Dreams) and Vietnam's VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday.
Toyota pilots EV pickups in Pattaya
Reuters, Published on 25/04/2024
» PATTAYA - Toyota has launched a public transport pilot project in this beach resort city with nine fully electric Hilux Revo pickup trucks.
Electric car sales to rise but affordability in focus, IEA says
Reuters, Published on 23/04/2024
» LONDON - Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA) forecast on Tuesday, but affordability and charging infrastructure will be key to future growth.