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Search Result for “Japan”

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Hyundai Mobility to churn out BEVs, batteries by 2026

Post Reporters, Published on 09/08/2024

» South Korea-based Hyundai Mobility Manufacturing (Thailand) plans to make battery electric vehicles (BEVs) and batteries in Thailand by 2026 after its 1-billion-baht project was approved by the Board of Investment (BOI).

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Thailand to offer investment incentives for makers of hybrid vehicles

Reuters, Published on 26/07/2024

» Regional auto making hub Thailand will introduce investment incentives for manufacturers of hybrid vehicles, its Board of Investment (BOI) said on Friday, with excise taxes for hybrids to be lowered from 2028 to 2032.

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Chinese EV maker GAC AION opens factory in Thailand

Reuters, Published on 17/07/2024

» BANGKOK - China's electric vehicle (EV) maker GAC Aion, a subsidiary of GAC Group, on Wednesday opened its first factory in Thailand, a key regional auto export and assembly hub and fast-growing EV market.

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EV insurance in the driver's seat

Published on 08/07/2024

» Electric vehicle insurance has emerged as a crucial factor that could shape the future of Thailand's burgeoning EV industry.

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Thai EVs face insurance hurdles

Published on 02/07/2024

» Thailand’s rapidly expanding electric vehicle (EV) market could face setbacks if insurance companies refuse to provide coverage for EVs, says the Thai Automotive Industry Association (TAIA).

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Thai car buyers' preferences shifting

Business, Published on 28/06/2024

» Thai consumers' interest in purchasing battery electric vehicles (BEVs) has declined over the past year, while hybrid electric vehicles (HEVs) have emerged as strong contenders, almost on par with BEVs, a survey by the multinational consultancy Deloitte shows.

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Chinese automakers retain grip over Southeast Asia's EV market

Reuters, Published on 21/06/2024

» Electric vehicle (EV) sales are surging in Southeast Asia, led by China's BYD (Build Your Dreams) and Vietnam's VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday.

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PM not worried by Suzuki Motor exodus

Published on 08/06/2024

» Prime Minister Srettha Thavisin has expressed confidence that other auto manufacturers will not withdraw their production bases from Thailand, following the decision of Suzuki Motor Corporation to do so.

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Suzuki to stop making cars in Thailand to focus on EV shift

Bloomberg News, Published on 07/06/2024

» Suzuki Motor Corp will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company said Friday.

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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.