Showing 1 - 10 of 15
Car industry struggles to scale autonomous heights
Published on 28/12/2024
» Thailand is making some progress in producing and selling autonomous vehicles domestically, but it is difficult for the country to reach the top levels of self-driving technology, says Wallop Chalermvongsavej, managing director of Hyundai Mobility Thailand, a subsidiary of South Korean automaker Hyundai Motor Group.
Auto sales rut in Thailand to drag on for years
Lamonphet Apisitniran, Published on 09/12/2024
» Sluggish car sales are expected to plague the Thai automotive industry for at least another 1-2 years, with total domestic sales projected to plunge to 560,000 units in 2024, according to Hyundai Mobility Thailand, a subsidiary of South Korean automaker Hyundai Motor Group.
Hyundai Motor names Jose Munoz as CEO, first foreign leader
Reuters, Published on 15/11/2024
» SEOUL — Hyundai Motor Company named Jose Munoz as chief executive officer, making him the first foreigner to lead the South Korean automaker as it seeks to grow outside its home country.
Hyundai debuts new hydrogen car
Bloomberg News, Published on 31/10/2024
» SEOUL - Hyundai Motor Company unveiled a new hydrogen-powered vehicle called Initium, which it aims to release in the first half of next year as part of its broader push into the clean-burning gas.
Incentives for auto parts joint ventures approved
Reuters, Published on 08/08/2024
» Thailand has approved incentives for joint ventures (JV) between Thai and foreign companies to manufacture automotive parts for vehicles using all types of propulsion systems, its Board of Investment (BOI) said on Thursday.
Hyundai to invest $28m in Thailand for EV assembly, batteries
Reuters, Published on 07/08/2024
» South Korean auto maker Hyundai Motor Company will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, the country's Board of Investment (BOI) said on Wednesday.
Hyundai starts local assembly of Ioniq 6 EV in Singapore
Bloomberg News, Published on 19/07/2024
» SINGAPORE - Hyundai Motor Company kicked off final assembly of its Ioniq 6 electric sedan in Singapore on Friday, reaffirming a commitment to the factory that could one day churn out as many as 30,000 cars a year.
Complaints about EV discounting investigated
Published on 03/07/2024
» Thai consumer protection authorities are investigating BYD dealers after a consumer complaint about aggressive discounting by the Chinese electric vehicle maker that left some buyers upset about how much they paid for their cars.
Chinese automakers retain grip over Southeast Asia's EV market
Reuters, Published on 21/06/2024
» Electric vehicle (EV) sales are surging in Southeast Asia, led by China's BYD (Build Your Dreams) and Vietnam's VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday.
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.