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Search Result for “30 billion”

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Perks to cover battery refurbishment

Published on 18/06/2024

» Thailand continues to fuel the growth of its electric vehicle supply chain, with the latest investment incentives focusing on the repair and refurbishment of used EV batteries, says the Board of Investment (BoI).

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MOTORING

Addressing the skills gap

Published on 17/06/2024

» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".

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MOTORING

Auto loan rejections hurting industry

Lamonphet Apisitniran, Published on 11/06/2024

» Auto loans from banks are probably 100-200 billion baht lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).

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MOTORING

Changan vows to buy parts locally

Business, Published on 07/06/2024

» Chinese electric vehicle maker Changan Automobile plans to buy auto parts from local suppliers under deals valued at 3.6 billion baht to help promote the EV supply chain in Thailand, says the Board of Investment (BoI).

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MOTORING

PSP banks on EV industry expansion for growth

Business, Yuthana Praiwan, Published on 30/05/2024

» PSP Specialties Plc, Thailand's largest lubricant producer by capacity, is benefiting from the growth of the electric vehicle (EV) industry by selling lubricants and lubricant-related products suitable for battery-powered cars.

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MOTORING

China's Chery lands BOI perks for Rayong EV plant

Lamonphet Apisitniran, Published on 23/04/2024

» Thailand continues to attract investment in its electric vehicle (EV) industry, with Chery Automobile being the latest Chinese EV manufacturer to have been granted investment incentives by the Board of Investment (BOI) to build a factory in Rayong province.

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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

Big EV battery cell plant likely in two years

Post Reporters, Published on 17/04/2024

» The Board of Investment (BoI) expects foreign investors to set up a big plant in Thailand to produce battery cells for electric vehicles (EVs) within two years, following its roadshow in China last week.

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MOTORING

Rever Leasing aims to lead EV loan market

Somruedi Banchongduang, Published on 17/04/2024

» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.

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MOTORING

Industrial Estate Authority touts new Smart Park

Business, Lamonphet Apisitniran, Published on 16/04/2024

» Chinese firms expressed interest in investing in electric vehicle (EV) supply chain and energy businesses in Smart Park Industrial Estate in Rayong, which is scheduled to open by the end of this year, says the Industrial Estate Authority of Thailand (IEAT).