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Local EV industry sees bright prospects

Business, Published on 07/05/2024

» Local operators of businesses related to electric vehicles (EVs) remain upbeat about the growth prospects of the Thai EV market, as they do not expect a slump similar to the one in Europe.

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MOTORING

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.

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China's Chery Automobile to set up Thai assembly plant

Reuters, Published on 22/04/2024

» China's Chery Automobile will set up a plant in Thailand that will make vehicles for both the domestic and export markets, with production slated to begin in 2025, the Board of Investment (BoI) said on Monday.

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MOTORING

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.

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MOTORING

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).

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MOTORING

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).

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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).

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Car production drops 19.3% on EV imports

Reuters, Published on 26/03/2024

» Car production in Thailand fell 19.3% in February from a year earlier to 133,690 units, the Federation of Thai Industries (FTI) said on Tuesday, largely due to a decline in production of pickup trucks and more imported electric vehicles (EVs).

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MOTORING

Toyota to mass-produce Hilux EV by 2025

Published on 26/03/2024

» Toyota plans to mass-produce a battery-electric Hilux pickup truck by the end of 2025, the president of its Thailand unit said on Tuesday.

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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.