Showing 1 - 10 of 38
China offers subsidies for car trade-ins
Published on 26/04/2024
» BEIJING - China will give a one-time subsidy of up to 10,000 yuan (US$1,380 or 50,000 baht) to consumers who trade in old cars and buy newer models in a move to stimulate the auto industry and the economy.
EV sales expected to miss target
Business, Lamonphet Apisitniran, Published on 18/04/2024
» Electric vehicle sales in Thailand are expected to miss the estimate of 130,000 units this year as prices are likely to keep changing, attributed to a price war among Chinese EV makers, says Hyundai Mobility Thailand, a subsidiary of the Korean automaker.
Vietnam’s Vinfast focusing on Thailand’s EV market
Business, Lamonphet Apisitniran, Published on 04/04/2024
» Vietnamese electric vehicle maker Vinfast is competing with Chinese car companies to market its EVs in Southeast Asia, aiming to benefit from the Asean Free Trade Agreement (Afta).
Chinese EV makers fear price war
Lamonphet Apisitniran, Published on 26/03/2024
» Some major Chinese electric vehicle manufacturers are reportedly planning to ask Beijing to prevent a “price war” among Chinese automakers in overseas EV markets, including Thailand, aiming to maintain a good image in the industry.
Bumpy road for EV evolution
Published on 25/03/2024
» The rapid growth in electric vehicle investment in Thailand from many Chinese EV makers is, in the eyes of some industry observers, reminiscent of "zero dollar" tours.
Auto sector faces bumpy sales
Lamonphet Apisitniran, Published on 05/02/2024
» The automotive industry is expected to have unequal sales growth this year, driven by motorists' changing lifestyles and choices by lenders.
Green push set to boost Nex Point sales
Business, Yuthana Praiwan, Published on 26/01/2024
» SET-listed Nex Point, a local assembler of commercial electric vehicles (EVs), expects its sales to reach 5,556 units in 2024 thanks to higher demand from transport and logistics operators.
Musk: Chinese EV firms will 'demolish' rivals without trade barriers
Reuters, Published on 25/01/2024
» SAN FRANCISCO - Tesla CEO Elon Musk said on Wednesday Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the United States electric vehicle (EV) market leader faces from the likes of BYD (Build Your Dreams), who are racing to expand worldwide.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
With new plant, Great Wall Motor targets electric vehicle growth
Business, Lamonphet Apisitniran, Published on 13/01/2024
» Chinese automaker Great Wall Motor (GWM) aims to grow its electric vehicle business in Asean after developing an EV production base in Thailand, which is scheduled to start selling locally-made EVs this month.