Showing 1-10 of 18 results
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Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
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Tesla tosses out the assembly line
Published on 28/03/2024
» Tesla Inc has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered by Henry Ford.
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Chinese EV makers fear price war
Lamonphet Apisitniran, Published on 26/03/2024
» Some major Chinese electric vehicle manufacturers are reportedly planning to ask Beijing to prevent a “price war” among Chinese automakers in overseas EV markets, including Thailand, aiming to maintain a good image in the industry.
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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.
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New incentives put focus on trucks
Business, Phusadee Arunmas, Published on 22/02/2024
» The National Electric Vehicle Policy Committee (EV Board) on Wednesday approved incentives to motivate companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEVs).
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Changan upbeat on Thai EV prospects
Business, Published on 23/01/2024
» Changan Automobile, the Chongqing, China-based automobile manufacturer, is upbeat about Thailand's electric vehicle market, designating the country as its strategic export base with an ambitious target of selling 20,000 EVs in the country this year.
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Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
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EA expects 20% jump in revenue next year
Business, Yuthana Praiwan, Published on 19/12/2023
» SET-listed Energy Absolute (EA), a renewable energy and electric vehicle (EV) developer and operator, expects its revenue to grow by at least 20% in 2024, mainly thanks to rising demand for EVs in Thailand.
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Changan set to produce electric SUVs locally
Business, Lamonphet Apisitniran, Published on 13/12/2023
» Chinese electric vehicle maker Changan Automobile plans to start producing sport utility vehicles (SUVs) from its Rayong factory in the first quarter of 2025, a move expected to intensify competition in the fast-growing Thai EV market.
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Imported EVs hot up market competition
Lamonphet Apisitniran, Published on 30/11/2023
» Imports of electric vehicles (EVs), especially from China, are intensifying competition in the domestic car market, which could lead to a price war with cars powered by internal combustion engines (ICE).
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