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Search Result for “global economic”

Showing 1 - 10 of 22

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Buyer's market

Published on 02/09/2024

» More vehicles with fewer signs of wear entering the used car market is not always good news for sellers, although buyers certainly appreciate it.

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Taiwanese startup touts Thai relocation

Suchit Leesa-nguansuk, Published on 22/08/2024

» Thailand can gain a geopolitical advantage from Taiwan by manufacturing electric vehicle (EV) batteries and auto components, including integrated circuit packaging and testing.

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Prospects for Tesla plant in Thailand dim 

Mongkol Bangprapa, Published on 13/08/2024

» The government is waiting for word from Tesla as to whether it will scrap its plan to invest in Thailand, according to government spokesman Chai Wacharonke.

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Ford requests help for combustion engine segment

Business, Lamonphet Apisitniran, Published on 02/08/2024

» Ford Thailand is requesting the government step up efforts to help companies in the internal combustion engine (ICE) car segment, particularly motorcycle manufacturers, as they are not able to quickly adjust to the changes caused by the fast-growing electric vehicle (EV) market.

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China doubles cash subsidies to propel EV sales as economic growth falls short

South China Morning Post, Published on 26/07/2024

» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.

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Addressing the skills gap

Published on 17/06/2024

» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".

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Chinese EVs face new tariffs in Europe

Published on 12/06/2024

» BRUSSELS - The European Union is preparing to apply additional duties of up to 38.1% on imported Chinese electric vehicles starting next month, a move likely to draw possible retaliation from China.

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Suzuki to stop making cars in Thailand to focus on EV shift

Bloomberg News, Published on 07/06/2024

» Suzuki Motor Corp will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company said Friday.

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China offers subsidies for car trade-ins

Published on 26/04/2024

» BEIJING - China will give a one-time subsidy of up to 10,000 yuan (US$1,380 or 50,000 baht) to consumers who trade in old cars and buy newer models in a move to stimulate the auto industry and the economy.

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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.