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Search Result for “first-car scheme”

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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.

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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".

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EV sales rise at motor show

Business, Lamonphet Apisitniran, Published on 02/04/2024

» Bookings for electric vehicles (EVs) are expected to keep growing throughout the Bangkok International Motor Show, thanks to the launch of new EV models and sales promotion campaigns, says the Federation of Thai Industries (FTI).

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Chinese manufacturers fuel EV market

Business, Lamonphet Apisitniran, Published on 26/03/2024

» The local electric vehicle market will continue to grow rapidly, driven by more investment from Chinese EV makers in Thailand, causing manufacturers to cut prices to attract consumers, according to major car companies.

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Bumpy road for EV evolution

Published on 25/03/2024

» The rapid growth in electric vehicle investment in Thailand from many Chinese EV makers is, in the eyes of some industry observers, reminiscent of "zero dollar" tours.

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Chery unit to build EV plant in Rayong

Business, Lamonphet Apisitniran, Published on 21/03/2024

» Omoda & Jaecoo (Thailand) Co, a subsidiary of Chery Automobile, a Chinese state-owned electric vehicle manufacturer, plans to build an EV factory in Rayong, with production scheduled to start next year.

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New incentives put focus on trucks

Business, Phusadee Arunmas, Published on 22/02/2024

» The National Electric Vehicle Policy Committee (EV Board) on Wednesday approved incentives to motivate companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEVs).

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Auto loan segment volatile

Somruedi Banchongduang, Published on 20/01/2024

» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.

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New EV package to drive outlays

Published on 21/12/2023

» The cabinet's approval of a new electric vehicle incentive package, dubbed EV3.5, will boost key targeted S-curve industries the government is promoting and encourage more prospective foreign investors to expand their businesses in Thailand, says the Federation of Thai Industries (FTI).

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EV production target ramped up for 2024

Business, Lamonphet Apisitniran, Published on 15/12/2023

» Thai authorities want next year's electric vehicle (EV) production capacity to reach 359,000 units based on investment of 39.5 billion baht, say industrial officials.