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Search Result for “subsidies”

Showing 1 - 10 of 106

BUSINESS

Commercial EVs picked to propel Thai boom

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

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Call for fuel tax cut as crisis mounts

Business, Lamonphet Apisitniran, Published on 31/03/2026

» The Federation of Thai Industries (FTI) has called on the government to introduce urgent measures, including a possible excise tax reduction on fuel, to help small and medium-sized enterprises (SMEs) cope with escalating operating costs driven by surging global crude oil prices.

BUSINESS

Thai manufacturing index rises on election activity

Lamonphet Apisitniran, Published on 26/02/2026

» Factory activity in Thailand picked up in January, driven by heightened political activity during the election campaign and strong demand in the automotive sector, according to the Office of Industrial Economics (OIE).

BUSINESS

Car exports decline by 6% in January

Lamonphet Apisitniran, Published on 25/02/2026

» Thailand's car exports fell in January, dropping 6% year-on-year to 58,405 units -- the lowest level since May 2022 -- which was attributed to stricter environmental regulations and currency fluctuations, says the Federation of Thai Industries (FTI).

BUSINESS

Call for new stimulus for EV sales

Lamonphet Apisitniran, Published on 18/02/2026

» Thailand's automotive industry is urging the government to introduce new, non-monetary measures to stimulate demand for electric vehicles (EVs), including battery EVs (BEVs) and plug-in hybrid EVs (PHEVs).

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.