Showing 1 - 10 of 13
Chinese EV makers' price wars will sow doubts over quality
South China Morning Post, Published on 13/06/2024
» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.
Chinese EVs face new tariffs in Europe
Published on 12/06/2024
» BRUSSELS - The European Union is preparing to apply additional duties of up to 38.1% on imported Chinese electric vehicles starting next month, a move likely to draw possible retaliation from China.
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.
China offers subsidies for car trade-ins
Published on 26/04/2024
» BEIJING - China will give a one-time subsidy of up to 10,000 yuan (US$1,380 or 50,000 baht) to consumers who trade in old cars and buy newer models in a move to stimulate the auto industry and the economy.
Berlin to expand EV investment
News, Mongkol Bangprapa, Published on 26/01/2024
» Germany has vowed to expand its investment in electric vehicles in Thailand so the kingdom can become an EV regional hub, Prime Minister Srettha Thavisin said.
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.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
Chinese firm to offer cheaper EVs in Europe
Published on 15/12/2023
» BERLIN - The Chinese electric vehicle maker Nio will launch its cheaper Firefly brand in Europe in 2025, its president said on Friday.
Workers at GM ratify contract in win for US auto union
AFP, Published on 17/11/2023
» NEW YORK - Workers at General Motors have voted to ratify a new labor contract with sweeping pay increases, according to figures published Thursday, a landmark step after a major auto industry strike this year.
Ford estimates US strike impact at $1.3bn
AFP, Published on 27/10/2023
» NEW YORK - Ford on Thursday said the need to restore manufacturing operations outweighed the additional costs to sweeten a labour contract to end a strike that has cost it some US$1.3 billion.