Showing 1 - 10 of 10
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.
Europe, US 'fearful' of Chinese EVs
Bloomberg News, Published on 07/06/2024
» CHONGQING - Foreign countries are “afraid” of Chinese electric vehicles (EVs), BYD (Build Your Dreams) Co Chairman Wang Chuanfu said in a swipe at European and United States efforts to constrain imports of China-made cars.
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.
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.
China’s BYD signs land deal to build first EV plant in Thailand
Bloomberg News, Published on 08/09/2022
» Chinese electric-car maker BYD Co signed a land purchase deal Thursday with WHA Corp, Thailand’s largest industrial-estates developer, to build its first electric vehicle (EV) production plant in Southeast Asia.
Vietnamese EV maker to build $2bn plant in US
Bloomberg News, Published on 30/03/2022
» Vietnamese electric-vehicle maker VinFast said it will start building a factory in North Carolina this year, ahead of a planned initial public offering (IPO) in the United States.
Govt targets 30% electric-car production to tackle pollution
Bloomberg News, Published on 09/02/2021
» Thailand will target having electric vehicles account for 30% of car production by the end of the decade, as part of efforts to tackle toxic air pollution.
Toyota pledges $2bn for EVs in Indonesia
Bloomberg News, Published on 19/07/2019
» JAKARTA: Toyota Motor Corp will lead 50 trillion rupiah ($3.6 billion) in investments that global carmakers have pledged to plough into Indonesia’s electric-vehicle programme in the next five years, Industry Minister Airlangga Hartarto said.
Electricity billionaire building Tesla of Thailand
Bloomberg News, Published on 20/06/2019
» It’s the epitome of a closed circuit: the utility helping power one of Southeast Asia’s biggest cities is building electric cars, batteries and charging stations for the nascent market, and then supplying the juice to keep them all running.
China fossil fuel deadline accelerates electric car race
Bloomberg News, Published on 11/09/2017
» China will set a deadline for automakers to end sales of fossil-fuel-powered vehicles, becoming the biggest market to do so in a move that will accelerate the push into the electric car market led by companies including BYD Co. and BAIC Motor Corp.