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THAILAND

Charging up the EV market

Business, Piyachart Maikaew, Published on 18/09/2017

» The government is offering full support to electrical vehicle (EV) manufacturers, including a series of excise tax cuts and promotional privileges that have attracted car assemblers to invest in the sector as a means to prop up sales of the eco-friendly vehicles. But there are hiccups that could potentially thwart the government's EV vision as high pricing and job losses come into play.

BUSINESS

Bridgestone eyes aircraft tyre plant in EEC

Business, Piyachart Maikaew, Published on 11/09/2017

» TOKYO: Japanese tyre manufacturer Bridgestone Corporation plans to make Thailand its second home once its aircraft tyre plant starts operation in December 2019.

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BUSINESS

Toyota sees bigger market for eco-cars

Business, Piyachart Maikaew, Published on 16/08/2017

» Toyota Motor Thailand is upbeat on its eco-car segment, expecting sales of 38,000 units for a 3.7% rise this year.

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BUSINESS

Toyota Thailand plans to slash HEV prices

Business, Piyachart Maikaew, Published on 04/08/2017

» Toyota Motor Thailand plans to be the first carmaker in the country to cut the retail price of hybrid electric vehicles (HEVs), in line with the lower excise tax the company was granted last week under Board of Investment (BoI) privileges.

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BUSINESS

Toyota to drive Thai hybrid hub

Business, Piyachart Maikaew, Published on 21/07/2017

» Japanese car giant Toyota pledges to produce a large number of hybrid electric vehicles (HEVs) in Thailand in a bid to make the country its emerging-market production hub.

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BUSINESS

Praise for EV promotion policy

Business, Piyachart Maikaew, Published on 11/07/2017

» Research firm LMC Automotive is hailing the government's policy to promote local production of electric vehicles (EVs), saying the initiative will help create strengths and opportunities for Thailand's automotive industry and maintain Asean's strategic edge as a vehicle production hub in the long run.

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BUSINESS

Gearing up for the big-bike challenge

Business, Piyachart Maikaew, Published on 10/07/2017

» Harley-Davidson has decided to set up its regional manufacturing base in Thailand and the news has left Col Polsak Sripen, and many other local fans of the iconic US motorcycle brand, ecstatic.

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BUSINESS

New tax rates set to spark electric car surge

Business, Piyachart Maikaew, Published on 22/06/2017

» Local demand for electric vehicles (EVs) are set to surge in the near future, thanks to the new preferential excise tax rates aimed at promoting EV development, says the Federation of Thai Industries (FTI).

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BUSINESS

Packing a punch for Suzuki

Business, Piyachart Maikaew, Published on 10/06/2017

» Angela Duckworth, author of the New York Times best-seller Grit: The Power of Passion and Perseverance, writes that "the most dazzling human achievements are, in fact, the aggregate of countless individual elements, each of which is, in a sense, ordinary".

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BUSINESS

Carmakers keen to grab EV privileges

Business, Piyachart Maikaew, Published on 06/06/2017

» Since the government unveiled its investment privileges for electric vehicles in late March, several carmakers are keen to invest a combined 20 billion baht in making EVs in Thailand, according to the Thailand Automotive Institute.