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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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Oyika to develop battery-swapping cabinet business

Business, Published on 30/05/2024

» Oyika, a battery technology solutions provider, has kicked off operations in Thailand with a goal to develop a battery-swapping cabinet business for electric motorcycles.

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China's EV price war spreads overseas

South China Morning Post, Published on 25/05/2024

» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.

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2024 car output target could be trimmed

Lamonphet Apisitniran, Published on 24/05/2024

» The country's car manufacturing target for 2024 may be downgraded as production continues to dip, with a sluggish economy affecting car sales, according to the Federation of Thai Industries (FTI).

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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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Lamborghini preps electric 'super car'

Business, Lamonphet Apisitniran, Published on 17/05/2024

» Automobili Lamborghini, an Italian manufacturer of luxury sports cars, plans to bring its new electric "super car" to Thailand, debuting it globally in 2028 as part of efforts to cut carbon dioxide emissions.

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Toyota testing EV pickup ahead of production in Thailand

Published on 16/05/2024

» Toyota Motor is testing its new battery-electric Hilux pickup truck to assess its performance in different conditions as the carmaker prepares to manufacture the vehicle in Thailand by the end of 2025, an executive said on Thursday.