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Carmakers flag difficult year on costs, muted EV demand

Bloomberg News, Published on 09/05/2024

» PORTLAND - Automakers across Europe and Asia are warning of a challenging year as rising costs and waning demand for electric vehicles (EVs) weigh on profits.

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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.

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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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Carmaker giants eye Thailand

Mongkol Bangprapa, Published on 26/12/2023

» Four major Japanese carmakers will invest 150 billion baht in Thailand's electric vehicle (EV) industry over the next five years, government spokesman Chai Wacharonke said on Monday.

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US auto workers union reaches preliminary deal with Ford

AFP, Published on 26/10/2023

» NEW YORK - The auto workers union in the United States reached a tentative agreement with Ford late Wednesday, a breakthrough in a 41-day stoppage on Detroit's "Big Three" car manufacturers.

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EV in new Transporter line-up

Published on 09/10/2023

» The next-generation Volkswagen Transporter will arrive in 2024 with an all-new architecture developed with Ford and offering pure-electric power for the first time.

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Srettha backs vehicle supply chain

Business, Wichit Chantanusornsiri, Published on 30/09/2023

» Prime Minister Srettha Thavisin reaffirmed to the Japanese government that the Thai government will continue to support the production of internal combustion engine (ICE) vehicles for the next 10-15 years to ensure a smooth transition to electric vehicles (EVs).

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Chinese EV producer to set up Thai plant

Lamonphet Apisitniran, Published on 04/09/2023

» Omoda & Jaecoo International Co, a subsidiary of China's state-owned automobile manufacturer Chery International, plans to apply for Board of Investment (BoI) privileges to set up an electric vehicle (EV) production base in Thailand.