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Car slump in August causes panic

Lamonphet Apisitniran, Published on 25/09/2024

» The sluggish automotive industry is causing concern as car manufacturing, domestic sales and exports all fell in August, says the Federation of Thai Industries (FTI).

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Tourism uptick expected to lift motorcycle sales

Lamonphet Apisitniran, Published on 02/09/2024

» A more active tourism sector later this year is expected to lift the domestic motorcycle market, which struggled with sluggish sales during the first seven months of 2024, says the Federation of Thai Industries (FTI).

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New calculation seen likely to boost MPI

Business, Lamonphet Apisitniran, Published on 01/08/2024

» The Manufacturing Production Index (MPI) is expected to increase in the second half of this year if four growing industries -- solar panels, solid state technology, smart electronics and electric vehicles -- are included in the MPI calculation, says the Office of Industrial Economics (OIE).

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China doubles cash subsidies to propel EV sales as economic growth falls short

South China Morning Post, Published on 26/07/2024

» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.

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Thai economy faces upheaval due to factory closures and cheap Chinese imports

Published on 15/07/2024

» BANGKOK, Thailand - When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.

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Baidu robotaxis draw complaints from human drivers

South China Morning Post, Published on 10/07/2024

» BEIJING - A fleet of more than 500 driverless taxis operated by Baidu's autonomous-driving unit in Wuhan, capital of central Hubei province, is quickly gaining customers despite vocal complaints from locals and taxi drivers, showing the complications of providing such services in an urban area.

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Chinese EV price cuts get TCCT green light

Phusadee Arunmas, Published on 08/07/2024

» The Trade Competition Commission of Thailand (TCCT) says price wars among electric vehicle (EV) dealerships do not violate the trade competition law, but rather foster competition.

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BYD urged to shield EV prices

News, Bangkok Post, Published on 06/07/2024

» Prime Minister Srettha Thavisin called on BYD (Build Your Dreams), China's electric vehicle (EV) giant, to ensure protection and a proper pricing policy for consumers after some of its dealers offered steep discounts, leaving customers who had bought the vehicles before the discount campaign feeling "short-changed".

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Addressing the skills gap

Published on 17/06/2024

» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".

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Xiaomi announces release date for first EV, shares surge

Reuters, Published on 12/03/2024

» BEIJING - Chinese electronics giant Xiaomi will start deliveries of its first electric vehicle (EV) by the end of March, the firm's boss said Tuesday, bringing its highly anticipated entry into the automotive industry to the brink of completion.