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MOTORING

Car production drops 11%, domestic sales fall

Reuters, Published on 23/05/2024

» Car production in Thailand fell 11% in April from a year earlier to 104,667 units, the Federation of Thai Industries (FTI) said on Thursday.

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MOTORING

China offers subsidies for car trade-ins

Published on 26/04/2024

» BEIJING - China will give a one-time subsidy of up to 10,000 yuan (US$1,380 or 50,000 baht) to consumers who trade in old cars and buy newer models in a move to stimulate the auto industry and the economy.

MOTORING

Electric car sales to rise but affordability in focus, IEA says

Reuters, Published on 23/04/2024

» LONDON - Electric car sales will rise strongly in 2024 despite economic headwinds in some markets, the International Energy Agency (IEA) forecast on Tuesday, but affordability and charging infrastructure will be key to future growth.

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MOTORING

Chinese EV battery firms 'eye Thailand'

Post Reporters, Published on 18/04/2024

» The Board of Investment (BoI) said it believes that at least two leading Chinese manufacturers of electric vehicle (EV) battery cells will choose Thailand to make their wares, with a combined initial investment of 30 billion baht.

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MOTORING

Chinese EVs bet they can dethrone Japan brands in Thailand

Bloomberg News, Published on 09/04/2024

» TOKYO - Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co promised to double sales in Thailand to 30,000 electric vehicles (EVs) this year.

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MOTORING

Chery to build $800m EV plant in Vietnam

Published on 04/04/2024

» HANOI - The Chinese automaker Chery has signed a joint venture agreement with a local company to set up an $800-million electric vehicle plant, the Vietnamese trade ministry said on Thursday.

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MOTORING

Car production drops 19.3% on EV imports

Reuters, Published on 26/03/2024

» Car production in Thailand fell 19.3% in February from a year earlier to 133,690 units, the Federation of Thai Industries (FTI) said on Tuesday, largely due to a decline in production of pickup trucks and more imported electric vehicles (EVs).

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MOTORING

Xiaomi announces release date for first EV, shares surge

Reuters, Published on 12/03/2024

» BEIJING - Chinese electronics giant Xiaomi will start deliveries of its first electric vehicle (EV) by the end of March, the firm's boss said Tuesday, bringing its highly anticipated entry into the automotive industry to the brink of completion.

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MOTORING

Car production drops in Jan as local sales slow

Reuters, Published on 22/02/2024

» Car production in Thailand fell 12.46% in January from a year earlier to 142,102 units as domestic sales slumped, the Federation of Thai Industries (FTI) said on Thursday.

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MOTORING

New incentives put focus on trucks

Business, Phusadee Arunmas, Published on 22/02/2024

» The National Electric Vehicle Policy Committee (EV Board) on Wednesday approved incentives to motivate companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEVs).