Showing 1 - 10 of 13
Hyundai beefs up BEV sector
Business, Lamonphet Apisitniran, Published on 04/12/2025
» Thailand's battery electric vehicle (BEV) industry is predicted to accelerate in 2026, with Hyundai Mobility Thailand preparing to roll out locally assembled BEVs as the nation strives to become a regional export hub.
Carmakers act to spur flagging sales
Business, Lamonphet Apisitniran, Published on 25/03/2025
» Automakers are trying to deal with sluggish domestic car sales by cutting costs and launching new promotional campaigns which are expected to boost bookings at the Bangkok International Motor Show, which opens on March 26.
Hyundai unit says tariff plan may prompt rethink
Lamonphet Apisitniran, Published on 21/02/2025
» US President Donald Trump's plan to impose a 25% tariff on car imports may affect electric vehicle (EV) production plans globally, says Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group.
Sluggish economy dents auto sector
Business, Lamonphet Apisitniran, Published on 27/12/2024
» The decision by the Federation of Thai Industries (FTI) to reduce the car production target twice in 2024 effectively illustrates how severe the drop in domestic car sales has been this year, dealing a heavy blow to manufacturers.
Auto sales rut in Thailand to drag on for years
Lamonphet Apisitniran, Published on 09/12/2024
» Sluggish car sales are expected to plague the Thai automotive industry for at least another 1-2 years, with total domestic sales projected to plunge to 560,000 units in 2024, according to Hyundai Mobility Thailand, a subsidiary of South Korean automaker Hyundai Motor Group.
Hyundai unit may adjust output post-2026
Business, Lamonphet Apisitniran, Published on 27/09/2024
» Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, plans to produce 5,000 battery electric vehicles (BEVs) a year at its plant in Samut Prakan in 2026, but may need to adjust future volume as domestic car sales sag.
Hyundai allocates B1bn for electric vehicle expansion
Business, Lamonphet Apisitniran, Published on 29/08/2024
» Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, is preparing to expand its electric vehicle business in the country within September under a 1-billion-baht investment in a move to compete with other EV manufacturers.
Roadshow tantalises more South Korean corporations
Business, Lamonphet Apisitniran, Published on 28/08/2024
» The Board of Investment (BoI) continued to encourage more South Korean companies, including vaccine maker SK Bioscience, to expand their businesses into Thailand during its latest roadshow in Seoul.
EV sales expected to miss target
Business, Lamonphet Apisitniran, Published on 18/04/2024
» Electric vehicle sales in Thailand are expected to miss the estimate of 130,000 units this year as prices are likely to keep changing, attributed to a price war among Chinese EV makers, says Hyundai Mobility Thailand, a subsidiary of the Korean automaker.
Kia mulls investment in local EV factory
Business, Lamonphet Apisitniran, Published on 05/03/2024
» Kia, the premium Korean car manufacturer, is considering making an investment in building an electric vehicle factory in Thailand to benefit from the fast-growing EV market, according to Kia Sales (Thailand).