Showing 1 - 10 of 26
Mercedes-Benz rolls out new electric models in Thailand
Business, Published on 27/08/2024
» Two newly launched Mercedes-Benz electric car models are making their way to Thai owners, overcoming challenges in the Thai automotive industry. The German luxury automaker remains confident in its growth within the domestic market, despite experiencing a downturn, attributing this optimism to customer trust in its electric mobility technology and design.
GAC Aion upbeat on EV market prospects
Lamonphet Apisitniran, Published on 22/07/2024
» GAC Aion New Energy Automobile, an electric vehicle manufacturer under Guangzhou Automobile Corporation (GAC), expects to gain benefits from the continual growth of Thailand's EV market, following the recent opening of a 2.3-billion-baht EV assembly plant in Rayong.
Thai investigation into BYD EV discounts moves ahead despite cash-back offer
Reuters, Published on 19/07/2024
» A Thai investigation into discounts from China's BYD (Build Your Dreams) will continue despite a cash-back programme from its distributor in response to a backlash from consumers who felt they overpaid for their electric vehicles (EVs), a senior official said on Friday.
BYD acquires 20% stake in Thai dealer
Published on 06/07/2024
» The Chinese electric vehicle maker BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is the EV market leader, the companies said on Saturday.
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.
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.
Chinese EVs face new tariffs in Europe
Published on 12/06/2024
» BRUSSELS - The European Union is preparing to apply additional duties of up to 38.1% on imported Chinese electric vehicles starting next month, a move likely to draw possible retaliation from China.
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.
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.
Chinese EV maker BYD poised to dethrone Tesla
Published on 02/01/2024
» The Chinese automaker BYD sold 526,409 fully electric vehicles in the fourth quarter, meaning Tesla will need a record showing to maintain its global market leadership when it releases sales figures later on Tuesday.