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BUSINESS

Executives advise caution for EV insurers

Business, Nuntawun Polkuamdee, Published on 09/06/2025

» Thailand's non-life insurance sector is on high alert as reports circulate that a Chinese electric vehicle (EV) manufacturer active in the Thai market may face bankruptcy, hinting that EV insurance is already a loss-making business.

BUSINESS

Thaivivat projects higher EV demand

Business, Nuntawun Polkuamdee, Published on 15/12/2023

» Demand for electric vehicle (EV) insurance is expected to rise sharply to 200,000 units next year, says Thaivivat Insurance (TVI) as the company launches a new product to capture high growth in the segment.