Showing 31 - 40 of 74
FTI sees car exports reaching 1.05m goal
Business, Lamonphet Apisitniran, Published on 22/02/2023
» The Federation of Thai Industries (FTI) expects the semiconductor shortage to ease and for pickup sales to help Thailand's automotive production for export to reach a target of 1.05 million units this year.
EPG expecting stronger sales as chip shortage eases
Business, Lamonphet Apisitniran, Published on 14/02/2023
» SET-Listed Eastern Polymer Group Plc (EPG), a Thai plastic moulder, expects to see higher demand for its products as the global semiconductor shortage is believed to have eased.
EV battery excise tax to be reduced to 1%
News, Lamonphet Apisitniran, Published on 03/02/2023
» A national committee on electronic vehicle policy, also known as the EV board, on Thursday agreed in principle on a proposal to lower the excise tax on EV batteries from the current 8% to just 1% while offering a 24-billion-baht subsidy to the EV battery-producing industry.
Volvo anticipates selling only battery EVs by 2025
Business, Lamonphet Apisitniran, Published on 31/01/2023
» Volvo Cars (Thailand) Co expects to sell only battery electric vehicles, or BEVs, in Thailand within 2025, thanks to a growing domestic EV market and prospective buyers with strong purchasing power.
FTI upbeat on motorcycles
Business, Lamonphet Apisitniran, Published on 30/01/2023
» The Federation of Thai Industries (FTI) estimates motorcycle production will grow by 4.17% year-on-year to 2.1 million units in 2023 despite concerns over a global economic slowdown.
Car production set to rise by 3.53% this year
Business, Lamonphet Apisitniran, Published on 25/01/2023
» The Federation of Thai Industries (FTI) expects domestic car manufacturing to increase by 3.53% to 1.95 million units this year, following an expansion of car exports in 2022.
CP Foton Sales to spend B1bn on factory
Business, Lamonphet Apisitniran, Published on 20/01/2023
» CP Foton Sales Co, a Thai-Chinese automaker in the commercial vehicle segment, plans to spend 1 billion baht building a factory to assemble electric vehicles (EVs) and oil-powered vehicles in Thailand by 2026.
Japan roadshow seeks B10bn from investors
Business, Lamonphet Apisitniran, Published on 11/01/2023
» Industry Minister Suriya Jungrungreangkit expects to draw investment worth 10 billion baht from Japanese businesses during a roadshow to promote the growth of electric vehicles (EVs) and smart electronic industries in Thailand.
Used car market set to record 15% growth
Business, Lamonphet Apisitniran, Published on 10/01/2023
» The used car market in Thailand is expected to grow by 15% this year, driven by the prolonged shortage of semiconductors required to manufacture new cars, says the Association of Used Car.
Chip shortage sparks 5-10% price hike
Business, Lamonphet Apisitniran, Published on 03/01/2023
» The Federation of Thai Industries (FTI) expects car prices to rise by 5-10% in 2023, mainly because of the prolonged impact of the global semiconductor shortage.