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Search Result for “ev cars”

Showing 1 - 10 of 31

BUSINESS

TQM premium growth target remains on track

Business, Nareerat Wiriyapong, Published on 03/04/2026

» Despite near-term challenges from the Middle East war, TQM Insurance Broker remains on track to grow its premiums by 8-10% to 22 billion baht this year thanks to booming electric vehicle (EV) policies due to elevated oil prices.

BUSINESS

Auto loans likely static for rest of 2025

Nareerat Wiriyapong, Published on 15/10/2025

» Auto hire-purchase lending is likely to remain flat in the second half of 2025 despite falling interest rates and competitive new car pricing, says Tris Rating, citing cautious lending practices, weak consumer purchasing power, a glut of used cars and limited truck demand.

BUSINESS

Chinese EV maker Neta woes pose threat to Thai car dealers

Nareerat Wiriyapong, Published on 09/06/2025

» Troubles facing ailing Chinese electric vehicle (EV) maker Neta could have a drastic spillover effect on Thai car dealers, possibly forcing them to shut down, while insurance companies may choose to collect premiums directly from policyholders, says Allianz Ayudhya General Insurance (AAGI).

BUSINESS

Demand for auto, personal loans projected to rise in Q1

Business, Nareerat Wiriyapong, Published on 25/02/2025

» Demand for auto and personal loans is expected to rise this quarter compared with the final three months of 2024, on the back of improving consumption and an uptick in promotional campaigns offered by car dealers, says CGS International Securities.

BUSINESS

Trump's tariffs could provide an upside

Nareerat Wiriyapong, Published on 24/02/2025

» The Thai automotive industry, which has been plagued by weak demand for new vehicles, should improve in the second half of 2025 thanks to US President Donald Trump's plan to introduce new auto tariffs, says Naruedom Mujjalinkool, an analyst with Krungsri Securities (KSS).

BUSINESS

Resilient UOB relishes regional role

Business, Nareerat Wiriyapong, Published on 29/11/2024

» In Thailand’s highly competitive banking industry, UOB has proven its resilience as a foreign bank over the past 25 years thanks to a strong Southeast Asian network, brand strength and its ability to win the trust of Thai customers.

BUSINESS

Analyst sees headwinds persisting until mid-2025

Business, Nareerat Wiriyapong, Published on 30/07/2024

» A high level of non-performing loans (NPLs), slow loan growth and rising household debt will continue to pressure banks until the first half of next year as a reduction in consumer purchasing power and rising living costs will affect not only small businesses but also large companies, analysts say.

BUSINESS

Energy Absolute launches probe into fraud claims

Business, Nareerat Wiriyapong, Published on 16/07/2024

» SET-listed Energy Absolute (EA) has set up a committee to look into the alleged fraud committed by its former chief executive and chief financial executive, yet the renewable energy producer insisted it would go ahead with a 5.5-billion-baht bond issuance, despite the recent negative developments pertaining to the company's credibility.

BUSINESS

Auto output could hit 14-year low

Business, Nareerat Wiriyapong, Published on 01/07/2024

» Thailand’s automotive production could plunge to a 14-year low this year, excluding the pandemic years of 2020-22, dipping to 1.65 million units, though monthly production is expected to start improving slowly in the fourth quarter, says Krungsri Securities (KS).

BUSINESS

Delta bets on hot tech sectors

Business, Nareerat Wiriyapong, Published on 29/06/2024

» As global electronics demand is projected to pick up in the second half of 2024 following inventory destocking, Delta Electronics (Thailand) expects to be a beneficiary thanks to its product mix, continued expansion and geopolitical diversification.