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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.

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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.

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China's Chery Automobile to set up Thai assembly plant

Reuters, Published on 22/04/2024

» China's Chery Automobile will set up a plant in Thailand that will make vehicles for both the domestic and export markets, with production slated to begin in 2025, the Board of Investment (BoI) said on Monday.

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Bangkok motor show sales up, Toyota leads

Reuters, Published on 08/04/2024

» The Bangkok International Motor Show recorded a 27.5% rise in orders, with Toyota leading sales, while traditional cars still dominated despite electric vehicles gaining pace, the show's organiser said on Monday.

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Car production drops 19.3% on EV imports

Reuters, Published on 26/03/2024

» Car production in Thailand fell 19.3% in February from a year earlier to 133,690 units, the Federation of Thai Industries (FTI) said on Tuesday, largely due to a decline in production of pickup trucks and more imported electric vehicles (EVs).

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Ferrari sued by drivers over brake defect

Reuters, Published on 19/03/2024

» NEW YORK - Ferrari has been sued in the United States by drivers who said the Italian luxury sports car maker has failed to fix vehicles at risk of a partial or total loss of braking capability.

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Xiaomi announces release date for first EV, shares surge

Reuters, Published on 12/03/2024

» BEIJING - Chinese electronics giant Xiaomi will start deliveries of its first electric vehicle (EV) by the end of March, the firm's boss said Tuesday, bringing its highly anticipated entry into the automotive industry to the brink of completion.

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Musk: Chinese EV firms will 'demolish' rivals without trade barriers

Reuters, Published on 25/01/2024

» SAN FRANCISCO - Tesla CEO Elon Musk said on Wednesday Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the United States electric vehicle (EV) market leader faces from the likes of BYD (Build Your Dreams), who are racing to expand worldwide.

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China to set up auto research institute in Thailand

Reuters, Published on 08/12/2023

» China will establish a China Automotive Technology and Research Center (CATARC) in regional automaking hub Thailand, the Thai government said on Friday, the centre's fourth such facility in the world.

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Porsche warns luxury not immune to economic woes

Reuters, Published on 25/10/2023

» BERLIN - Porsche AG reported nine-month results in line with its annual forecast on Wednesday but warned the luxury sector was suffering like others from higher costs and dampened consumer confidence as interest rates rise.