Showing 1 - 10 of 50
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.
EV overview shows sales growth slowing
Published on 04/01/2025
» Electric vehicle (EV) sales in Thailand slowed considerably in 2024 following explosive growth of 320% in 2023, as a reduction in incentives offered to consumers and stricter loan requirements negatively impact the pace of adoption.
Super Typhoon Yagi hits Vietnam after killing two in China
Reuters, Published on 07/09/2024
» HANOI - Asia’s most powerful storm this year made landfall in northern Vietnam on Saturday, killing at least four people after tearing through the Chinese island of Hainan and the Philippines.
Traders on sidelines awaiting signals from Fed chief
Business, Published on 24/08/2024
» RECAP: Trade was subdued in most Asian stock markets yesterday while the dollar rebounded from one-year lows, as investors were cautious ahead of a major speech by US Federal Reserve chairman Jerome Powell.
VinFast delays Thai dealerships amid global EV sales slowdown
Bloomberg News, Published on 22/08/2024
» HANOI - Vietnamese electric-vehicle (EV) maker VinFast Auto Ltd is postponing the opening of its Thailand dealership network amid a broad slowdown in passenger car sales in Southeast Asia's second-largest economy.
Complaints about EV discounting investigated
Published on 03/07/2024
» Thai consumer protection authorities are investigating BYD dealers after a consumer complaint about aggressive discounting by the Chinese electric vehicle maker that left some buyers upset about how much they paid for their cars.
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.
Vietnamese EV maker may delay $4bn US plant
Published on 29/05/2024
» The Vietnamese electric car maker VinFast is looking at further delaying a planned $4-billion factory in North Carolina, a person briefed on the matter says, as the loss-making company struggles to gain favour with US consumers.
"FIREBRIGHT, the Front runner of Electric Vehicle Swapping, Shines at Bangkok International Motor Show
Published on 23/04/2024
» The highly anticipated 45th Bangkok International Motor Show (Motor Show 2024) was held with great success at the IMPACT Muang Thong Thani Exhibition Center in Bangkok from March 27 to April 7, 2024!
Vietnam’s Vinfast focusing on Thailand’s EV market
Business, Lamonphet Apisitniran, Published on 04/04/2024
» Vietnamese electric vehicle maker Vinfast is competing with Chinese car companies to market its EVs in Southeast Asia, aiming to benefit from the Asean Free Trade Agreement (Afta).