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Search Result for “new year”

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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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Volvo Trucks to launch electric truck with 600 km range

Reuters, Published on 03/09/2024

» GOTHENBURG - Sweden's Volvo will launch a long-range variant of its FH Electric truck, capable of covering up to 600 kilometres (373 miles) on a single charge, its truckmaking arm said on Tuesday.

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Chinese EV maker GAC AION opens factory in Thailand

Reuters, Published on 17/07/2024

» BANGKOK - China's electric vehicle (EV) maker GAC Aion, a subsidiary of GAC Group, on Wednesday opened its first factory in Thailand, a key regional auto export and assembly hub and fast-growing EV market.

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China's BYD opens EV factory in Thailand, first in Southeast Asia

Reuters, Published on 04/07/2024

» RAYONG - China's BYD (Build Your Dreams) opened an electric vehicle (EV) plant in Thailand on Thursday, the auto maker's first factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player.

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Chinese automakers retain grip over Southeast Asia's EV market

Reuters, Published on 21/06/2024

» Electric vehicle (EV) sales are surging in Southeast Asia, led by China's BYD (Build Your Dreams) and Vietnam's VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday.

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Singapore wooing drivers to buy EVs with splashy campaign

Reuters, Published on 05/03/2024

» SINGAPORE - A young couple leans in for a kiss as the sun casts shades of purple, pastel pink and orange across a city skyline. In the background, a line of sleek electric vehicles (EVs) charge their batteries.

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Incentives for companies transitioning to EVs approved

Reuters, Published on 21/02/2024

» Thailand has approved incentives for companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (EVs), the government said on Wednesday.

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Musk: Chinese EV firms will 'demolish' rivals without trade barriers

Reuters, Published on 25/01/2024

» SAN FRANCISCO - Tesla CEO Elon Musk said on Wednesday Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the United States electric vehicle (EV) market leader faces from the likes of BYD (Build Your Dreams), who are racing to expand worldwide.

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Porsche warns luxury not immune to economic woes

Reuters, Published on 25/10/2023

» BERLIN - Porsche AG reported nine-month results in line with its annual forecast on Wednesday but warned the luxury sector was suffering like others from higher costs and dampened consumer confidence as interest rates rise.

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Srettha holds talks with Tesla chief Musk

Reuters, Published on 22/09/2023

» Prime Minister and Finance Minister Srettha Thavisin said on Thursday he held talks with Tesla chief Elon Musk during a visit to New York and they discussed the electric vehicle (EV) industry.