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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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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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Scandal-hit Daihatsu execs to step down

Reuters, Published on 13/02/2024

» TOKYO - Toyota Motor Corp said on Tuesday both the president and chairman of its small-car unit Daihatsu Motor would step down following revelations of misconduct related to rigged collision safety tests.

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China to set up auto research institute in Thailand

Reuters, Published on 08/12/2023

» China will establish a China Automotive Technology and Research Center (CATARC) in regional automaking hub Thailand, the Thai government said on Friday, the centre's fourth such facility in the world.

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Tesla executives looked at Thai industrial estates - Srettha

Reuters, Published on 07/12/2023

» Prime Minister and Finance Minister Srettha Thavisin on Thursday said he showed Tesla executives around industrial estates in the country last week for potential investment.