Showing 1 - 10 of 41
China's Chery lands BOI perks for Rayong EV plant
Lamonphet Apisitniran, Published on 23/04/2024
» Thailand continues to attract investment in its electric vehicle (EV) industry, with Chery Automobile being the latest Chinese EV manufacturer to have been granted investment incentives by the Board of Investment (BOI) to build a factory in Rayong province.
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.
Ducati to use Thailand as an export hub
Lamonphet Apisitniran, Published on 17/04/2024
» Italian big bike manufacturer Ducati Motor Holding aims to make Thailand one of its export hubs after opening a new factory in Rayong, its first production facility in Asia.
Car firms warned of new Australia rule
Business, Lamonphet Apisitniran, Published on 06/04/2024
» Auto exports to Australia may be affected by a new trade barrier expected to be imposed on new cars shipped to the country next year, warns the Thai Automotive Industry Association (TAIA).
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).
EV sales rise at motor show
Business, Lamonphet Apisitniran, Published on 02/04/2024
» Bookings for electric vehicles (EVs) are expected to keep growing throughout the Bangkok International Motor Show, thanks to the launch of new EV models and sales promotion campaigns, says the Federation of Thai Industries (FTI).
Domestic sales still plummeting
Business, Lamonphet Apisitniran, Published on 27/03/2024
» Domestic car sales continued to decline, especially in the pickup segment, falling by 26% year-on-year in February, which is expected to be the lowest level in two years, says the Federation of Thai Industries (FTI).
Chinese manufacturers fuel EV market
Business, Lamonphet Apisitniran, Published on 26/03/2024
» The local electric vehicle market will continue to grow rapidly, driven by more investment from Chinese EV makers in Thailand, causing manufacturers to cut prices to attract consumers, according to major car companies.
Chery unit to build EV plant in Rayong
Business, Lamonphet Apisitniran, Published on 21/03/2024
» Omoda & Jaecoo (Thailand) Co, a subsidiary of Chery Automobile, a Chinese state-owned electric vehicle manufacturer, plans to build an EV factory in Rayong, with production scheduled to start next year.
Isuzu allocates B32bn for Thailand investments
Business, Lamonphet Apisitniran, Published on 21/03/2024
» Yokohama, Japan-based automaker Isuzu Motors plans to spend ¥1 trillion (240 billion baht) to fuel its investments through 2030, with part of the budget allocated for battery cell and electric pickup manufacturing in Thailand, which will serve as the company's electric vehicle (EV) export base.