Showing 1 - 8 of 8
Auto sector reels from falling orders, soaring household debt
Reuters, Published on 25/09/2024
» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.
Chinese EV makers urged to use parts made in Thailand
Lamonphet Apisitniran, Published on 22/07/2024
» The Industry Ministry is requesting Chinese electric vehicle manufacturers assemble their EVs with at least 40% of parts sourced locally in a move to support the automotive supply chain in Thailand.
Auto parts makers nudged towards medical devices
Business, Lamonphet Apisitniran, Published on 12/07/2024
» The Federation of Thai Industries (FTI) expects to submit a plan this month to the government to support the local medical device business as part of efforts to help auto parts manufacturers diversify into this field.
FTI urges auto parts producers to diversify
Lamonphet Apisitniran, Published on 18/06/2024
» Local auto parts manufacturers are being urged to adapt to the technological disruption caused by electric vehicles (EVs) and transition to the production of medical devices, which are expected to have a promising business future, says the Federation of Thai Industries (FTI).
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".
Europe, US 'fearful' of Chinese EVs
Bloomberg News, Published on 07/06/2024
» CHONGQING - Foreign countries are “afraid” of Chinese electric vehicles (EVs), BYD (Build Your Dreams) Co Chairman Wang Chuanfu said in a swipe at European and United States efforts to constrain imports of China-made cars.
Carmakers flag difficult year on costs, muted EV demand
Bloomberg News, Published on 09/05/2024
» PORTLAND - Automakers across Europe and Asia are warning of a challenging year as rising costs and waning demand for electric vehicles (EVs) weigh on profits.
Battery vs hydrogen in the race to zero emissions
Published on 03/05/2024
» Automotive leaders' current focus on battery electric vehicles (BEVs) and hydrogen internal combustion engine vehicles (HICEVs) might seem like the main event. However, it's merely the opening act of a much grander arena: the fight against climate change.