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Search Result for “subsidies”

Showing 1 - 10 of 101

BUSINESS

Mercedes-Benz accelerates shift to EVs

Business, Lamonphet Apisitniran, Published on 04/02/2026

» Mercedes-Benz (Thailand) expects the domestic electric vehicle (EV) market to gain momentum under the government's new car tax policy set to take effect in 2026, aimed at promoting cleaner energy.

BUSINESS

FTI eyes 1.5m auto units as domestic demand increases

Lamonphet Apisitniran, Published on 29/01/2026

» The Federation of Thai Industries (FTI) has announced a vehicle manufacturing target of 1.5 million units for 2026, a modest increase from 1.45 million units last year, driven by expectations of stronger domestic demand and growing production of battery electric vehicles (BEVs).

BUSINESS

Changan ramps up battery EV production in Thailand

Business, Lamonphet Apisitniran, Published on 19/01/2026

» Chinese electric vehicle maker Changan Automobile is gearing up to launch the second phase of its battery electric vehicle (BEV) production in Thailand in the first quarter of 2026, reinforcing its ambitions in one of Southeast Asia's fastest‑growing EV markets.

BUSINESS

Thai Honda debuts local electric motorcycle model

Lamonphet Apisitniran, Published on 10/01/2026

» Thai Honda, a leading manufacturer and distributor of motorcycles and multipurpose engines, has unveiled its first electric motorcycle in Thailand, marking a major step in the company's strategy and positioning the country as a key export hub.

BUSINESS

Omoda & Jaecoo ramps up Thai EV production

Lamonphet Apisitniran, Published on 22/12/2025

» Omoda & Jaecoo (Thailand), a subsidiary of Chinese state-owned automaker Chery Automobile, has announced plans to produce 28,000-30,000 battery electric vehicles (BEVs) locally in 2026, as demand for electric mobility continues to rise among Thai consumers.

BUSINESS

Great Wall Motor to ramp up BEV output to 14,500

Business, Lamonphet Apisitniran, Published on 11/12/2025

» Chinese automaker Great Wall Motor (GWM) has announced plans to ramp up its annual production capacity of battery electric vehicles (BEVs) in Thailand to 14,500 units within the next two years, aligning with requirements under the government's EV incentive schemes.

BUSINESS

Prices of BEVs set to rise next year

Business, Lamonphet Apisitniran, Published on 10/12/2025

» The prices of battery electric vehicles (BEVs) in Thailand are expected to rise by an average of 200,000 baht next year, following the expiration of the government's EV3.0 incentive scheme, a move that could dampen domestic demand for BEVs, which has grown steadily over recent years, warns the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

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.

BUSINESS

Ministry seeks to attract EV battery recycling investments

Business, Lamonphet Apisitniran, Published on 10/11/2025

» The Industry Ministry is calling for investment in electric vehicle (EV) battery recycling in order to deal with a surge in scrapped batteries, as well as to grow the EV battery production and supply chain.

BUSINESS

Thai industry jittery over US tariff rules

Business, Lamonphet Apisitniran, Published on 27/10/2025

» Thailand's manufacturing sector is struggling to deal with challenges raised by US tariff rules on Thai imports, even as the rate was cut significantly in early August.