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Search Result for “utility token”

Showing 1 - 10 of 58

BUSINESS

Mazda to sink B5bn into new mild hybrid EV project

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

» Mazda Motor Corporation is preparing to spend 5 billion baht early next year on building a new mild hybrid electric vehicle (MHEV) production base in Thailand, marking a major step in the country’s transition toward electric mobility, says the Board of Investment (BoI).

BUSINESS

Suzuki eschews battery EVs for hybrid, fuel cells

Business, Lamonphet Apisitniran, Published on 26/09/2025

» Suzuki Motor Corporation has shunned investment in battery electric vehicle production despite growing demand for BEVs, focusing instead on alternative technologies to make cars more environmentally friendly.

BUSINESS

Thais on course to buy 100,000 battery electric vehicles in 2025

Business, Lamonphet Apisitniran, Published on 25/08/2025

» Domestic sales of battery electric vehicles (BEVs) should reach 100,000 units this year, with Japanese automakers likely to produce BEVs to compete with Chinese rivals, says MG Sales (Thailand).

BUSINESS

Geely distributor mulls parts venture

Lamonphet Apisitniran, Published on 18/04/2025

» Thonburi Neustern Co, the distributor of electric vehicles (EVs) under the Geely brand, is planning to strengthen the Chinese EV maker's position in Thailand through new investment, starting with the development of an auto parts centre.

BUSINESS

B5 billion fund propels motor show sales

Lamonphet Apisitniran, Published on 12/04/2025

» The newly established 5-billion-baht government fund has begun to lift domestic auto sales, helping to drive total vehicle bookings at the recent Bangkok International Motor Show.

BUSINESS

Production of MG pickups comes to a halt

Business, Lamonphet Apisitniran, Published on 20/03/2025

» Chinese-Thai joint venture SAIC Motor-CP, manufacturer of cars under the MG brand, and MG Sales (Thailand) have decided to suspend the production of pickups in Thailand until the sluggish domestic car market returns to normal.

BUSINESS

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.

BUSINESS

GAC Aion upbeat on EV market prospects

Lamonphet Apisitniran, Published on 22/07/2024

» GAC Aion New Energy Automobile, an electric vehicle manufacturer under Guangzhou Automobile Corporation (GAC), expects to gain benefits from the continual growth of Thailand's EV market, following the recent opening of a 2.3-billion-baht EV assembly plant in Rayong.

BUSINESS

Zeekr to launch EV range amid sales dip

Lamonphet Apisitniran, Published on 15/07/2024

» Domestic premium car sales plunged by 30% year-on-year during the first half amid the economic slowdown and intensifying competition, fuelled by more Chinese electric vehicles entering the Asian market as a result of the impact of the US-China trade war, says Zeekr Intelligent Technology, a Chinese EV maker under the Zeekr brand.

BUSINESS

China ramps up Thai EV production

Business, Lamonphet Apisitniran, Published on 18/05/2024

» More electric vehicles (EVs) sold in Thailand should be locally manufactured this year as Chinese automakers plan to produce them here from the third quarter, sourcing local materials to support their manufacturing, says the Board of Investment (BoI).