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PSP banks on EV industry expansion for growth

Business, Yuthana Praiwan, Published on 30/05/2024

» PSP Specialties Plc, Thailand's largest lubricant producer by capacity, is benefiting from the growth of the electric vehicle (EV) industry by selling lubricants and lubricant-related products suitable for battery-powered cars.

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China's EV price war spreads overseas

South China Morning Post, Published on 25/05/2024

» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.

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Car production drops 11%, domestic sales fall

Reuters, Published on 23/05/2024

» Car production in Thailand fell 11% in April from a year earlier to 104,667 units, the Federation of Thai Industries (FTI) said on Thursday.

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Loans for electric vehicles poised to expand

Business, Somruedi Banchongduang, Published on 02/04/2024

» Loans for electric vehicles (EVs) are expected to pace auto lending expansion this year as demand gently builds in the Thai market.

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Car production drops 19.3% on EV imports

Reuters, Published on 26/03/2024

» Car production in Thailand fell 19.3% in February from a year earlier to 133,690 units, the Federation of Thai Industries (FTI) said on Tuesday, largely due to a decline in production of pickup trucks and more imported electric vehicles (EVs).

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PM to court EV investors in Germany

Mongkol Bangprapa, Published on 25/02/2024

» The government is aiming to attract car manufacturers in Germany to invest in the electric vehicle (EV) industry in Thailand during Prime Minister Srettha Thavisin's official trip to the country next month, Deputy Prime Minister Parnpree Bahiddha-Nukara said on Saturday.

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Car production drops in Jan as local sales slow

Reuters, Published on 22/02/2024

» Car production in Thailand fell 12.46% in January from a year earlier to 142,102 units as domestic sales slumped, the Federation of Thai Industries (FTI) said on Thursday.

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New incentives put focus on trucks

Business, Phusadee Arunmas, Published on 22/02/2024

» The National Electric Vehicle Policy Committee (EV Board) on Wednesday approved incentives to motivate companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEVs).

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Institute expects test track to help fuel growth of EV industry

Business, Lamonphet Apisitniran, Published on 12/01/2024

» The Thailand Automotive Insitute (TAI) expects to further fuel the growth of Thailand's electric vehicle industry by providing EV manufactures with a test track, which will become a new source of revenue for the country.

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China to set up auto research institute in Thailand

Reuters, Published on 08/12/2023

» China will establish a China Automotive Technology and Research Center (CATARC) in regional automaking hub Thailand, the Thai government said on Friday, the centre's fourth such facility in the world.