Showing 1 - 10 of 228
Tesla profits drop as Musk warns of 'rough' patch before riches
AFP, Published on 24/07/2025
» NEW YORK — Tesla reported another drop in quarterly profits Wednesday as CEO Elon Musk warned the company could face a few "rough" quarters following the elimination of federal tax credits for electric vehicles (EVs) under United States President Donald Trump's big fiscal package.
Chinese EVs flood Thai market, but after-sales support lags
Published on 11/07/2025
» Thailand’s electric vehicle (EV) market is expanding rapidly, driven by generous government subsidies and tax incentives. However, the influx of Chinese EV brands has sparked concerns over inadequate after-sales service, leaving consumers vulnerable—especially in light of the ongoing controversy surrounding NETA, a Chinese EV brand now facing legal action over unresolved customer complaints.
Tesla launches long-discussed robotaxi service
AFP, Published on 23/06/2025
» NEW YORK - Tesla began offering robotaxi services on Sunday in the US city of Austin, Texas, an initial step that Elon Musk's backers believe could lead to the company's next growth wave.
King Gen to Launch Farizon EV Vans in Thailand
Published on 18/06/2025
» Bangkok, June 17, 2025 – King Gen Public Company Limited (KGEN) is making bold moves to expand its business portfolio, with plans to secure exclusive rights to import and distribute Farizon, a new energy commercial vehicle brand under the Geely Holding Group, in Thailand. The company aims to introduce Farizon’s smart, sustainable electric vehicle solutions to the Thai market, with a strong focus on environmental impact, safety, and innovation.
Call for light touch on missed EV targets
Lamonphet Apisitniran, Published on 19/05/2025
» Electric vehicle (EV) manufacturers in Thailand are calling on the government to maintain subsidies and cancel fines for those failing to meet state production targets as the automotive industry slows to a crawl.
Trump's auto tariffs spark global outcry as price hikes loom
AFP, Published on 28/03/2025
» WASHINGTON - World powers on Thursday blasted US President Donald Trump's steep tariffs on imported vehicles and parts, vowing retaliation as trade tensions intensify and price hikes appear on the horizon.
China’s EV makers are facing a reality check in Southeast Asia
Published on 03/03/2025
» On a recent Thursday morning in Hanoi, Chinese electric vehicle giant BYD began the day with a showroom devoid of customers. Just a few kilometres away, a dealership for upstart Vietnamese EV maker VinFast Auto was buzzing, with would-be buyers pouring over new models.
Bolt Highlights Ride-Hailing’s Key Role in Thailand’s Economic Growth
Published on 14/02/2025
» Ride-hailing services have transformed urban mobility, offering a fast, convenient, and accessible alternative to private cars. With just a few taps on a smartphone, users can hail a ride anytime, anywhere—connecting passengers and drivers seamlessly.
Caution takes hold ahead of US jobs data
Business, Published on 11/01/2025
» RECAP: Asian equities mostly fell on Friday as caution took hold in global markets ahead of the release of US jobs data that will help shape the outlook for Federal Reserve interest rates.
Consulting the oracles
Business, Published on 02/01/2025
» The direction of external factors in 2025, such as geopolitical conflicts, will be difficult to ascertain. The economies of various countries, including Thailand's key trading partners, will continue to be closely monitored due to political shifts, particularly the United States with the return of Donald Trump as the nation's 47th president.