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Search Result for “red car”

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BUSINESS

Brazil blacklists BYD for slave labour conditions at its biggest plant outside China

South China Morning Post, Published on 08/04/2026

» RIO DE JANEIRO — Brazil's labour ministry on Tuesday added Chinese electric vehicle (EV) giant BYD (Build Your Dreams) to a registry of employers found to have subjected workers to conditions analogous to slavery, limiting access to state financing and increasing reputational risks in its most important market outside China.

BUSINESS

Crude prices plunge, stocks surge as US and Iran agree ceasefire

AFP, Published on 08/04/2026

» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

BUSINESS

Energy costs weigh on Hat Yai rebound

Business, Kuakul Mornkum, Published on 08/04/2026

» Most businesses in Songkhla's Hat Yai district have resumed operations following the devastating 2025 floods, but they are now having to grapple with surging energy prices, which are affecting sales.

BUSINESS

J&T Express drives delivery push with EVs, automation

Business, Suchit Leesa-nguansuk, Published on 08/04/2026

» Amid rising cost pressures and intensifying competition in Thailand's logistics sector, J&T Express is accelerating efforts to bolster operational efficiency by investing in automated sorting technologies while piloting electric vehicles to reduce exposure to volatile fuel prices.

BUSINESS

Bangkok Motor Show took orders for 135,000 vehicles

Ranjana Wangvipula, Published on 06/04/2026

» Orders were placed for 132,951 automobiles and 2,056 motorcycles during the 12-day Bangkok International Motor Show that concluded on Sunday, with BYD taking the most bookings.

BUSINESS

Grab ramps up EV scheme amid energy shocks

Business, Published on 06/04/2026

» Grab Thailand is accelerating its Grab EV programme in response to the ongoing energy crisis by announcing nine strategic partnerships, including with electric vehicle (EV) manufacturers and distributors, as well as taxi cooperatives.

BUSINESS

Toyota to chat with authorities on oil, power

Lamonphet Apisitniran, Published on 06/04/2026

» Toyota Motor Thailand is preparing to hold talks with the new government on oil and electricity policies, as surging energy prices weigh heavily on consumers considering car purchases.

BUSINESS

Global tensions hit home

Business, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 06/04/2026

» With the US-Israel battle against Iran entering its sixth week, the global economy continues to feel the effects stemming from the closure of a key oil shipping route, the Strait of Hormuz.

BUSINESS

EV demand fuels Krungsri Auto's expansion plans

Somruedi Banchongduang, Published on 03/04/2026

» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.

BUSINESS

TQM premium growth target remains on track

Business, Nareerat Wiriyapong, Published on 03/04/2026

» Despite near-term challenges from the Middle East war, TQM Insurance Broker remains on track to grow its premiums by 8-10% to 22 billion baht this year thanks to booming electric vehicle (EV) policies due to elevated oil prices.