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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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Thai economy faces upheaval due to factory closures and cheap Chinese imports

Published on 15/07/2024

» BANGKOK, Thailand - When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.

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Chinese EV battery firms 'eye Thailand'

Post Reporters, Published on 18/04/2024

» The Board of Investment (BoI) said it believes that at least two leading Chinese manufacturers of electric vehicle (EV) battery cells will choose Thailand to make their wares, with a combined initial investment of 30 billion baht.

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Big EV battery cell plant likely in two years

Post Reporters, Published on 17/04/2024

» The Board of Investment (BoI) expects foreign investors to set up a big plant in Thailand to produce battery cells for electric vehicles (EVs) within two years, following its roadshow in China last week.

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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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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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Minister nudges industry towards sustainability for exports

Business, Phusadee Arunmas, Published on 15/02/2024

» The Thai automotive industry is being urged to speed up the transition to new global regulations, which emphasise sustainability and clean energy, while leveraging free trade agreements (FTAs) to hone their competitive edge.

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The slow transition to an EV hub

Post Reporters, Published on 06/11/2023

» As the government increases efforts to build a low-carbon society, the infrastructure promoting the use of fossil fuels and manufacturing of vehicles with internal combustion engines (ICE) has become an issue.

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Chinese EVs smash monthly sales records

South China Morning Post, Published on 02/08/2023

» Three of China's top electric vehicle (EV) start-ups reported record monthly sales in July, as a release of pent-up demand in the world's largest market for battery powered cars continues.