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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.

BUSINESS

Xpeng eyes Thai plant as EV demand surges

Lamonphet Apisitniran, Published on 03/04/2026

» Chinese electric vehicle maker Xpeng is conducting a feasibility study on establishing a manufacturing plant in Thailand to support its export market, with a final decision expected within 1-2 years.

BUSINESS

Scoot bookings strong despite Gulf strife

Business, Narumon Kasemsuk, Published on 02/04/2026

» Scoot, the low-cost subsidiary of Singapore Airlines, continues to register strong air travel demand from regions unaffected by the Gulf war across seven destinations in Thailand and plans to expand into secondary regional cities, supported by the delivery of nine Embraer E190‑E2 aircraft.

BUSINESS

Commercial EVs picked to propel Thai boom

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Oil turmoil speeds up Thailand's electric shift

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Banks and car buyers are increasingly shifting towards battery electric vehicles (BEVs) as surging oil prices, fuelled by Middle East tensions, reshape Thailand's auto market, says Ford Thailand.

BUSINESS

Fuel crisis powers surge in EV interest in Asia

Reuters, Published on 01/04/2026

» Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies ​to reconsider their reliance on petrol and diesel vehicles.

BUSINESS

CRC expands via No Brand tie-up

Business, Kuakul Mornkum, Published on 01/04/2026

» SET-listed Central Retail Corporation (CRC) has partnered with Emart Inc, a South Korean retailer, to launch 'No Brand' grocery stores in Thailand.

BUSINESS

Japanese ICE still leads Thai drivers as EVs struggle

Business, Published on 31/03/2026

» Japanese car giants are holding firm in Thai satisfaction stakes as electric vehicle (EV) growing pains emerge.

BUSINESS

Haier unveils growth strategy for 2026

Business, Boonsong Lipimas, Published on 31/03/2026

» Haier Electrical Appliances (Thailand) Co Ltd is pressing ahead with an aggressive expansion in 2026 despite economic and cost pressures, targeting across-the-board growth, with washing machines as the key driver through the simultaneous launch of 20 new models.