Showing 1 - 10 of 11
China offers subsidies for car trade-ins
Published on 26/04/2024
» BEIJING - China will give a one-time subsidy of up to 10,000 yuan (US$1,380 or 50,000 baht) to consumers who trade in old cars and buy newer models in a move to stimulate the auto industry and the economy.
Bumpy road for EV evolution
Published on 25/03/2024
» The rapid growth in electric vehicle investment in Thailand from many Chinese EV makers is, in the eyes of some industry observers, reminiscent of "zero dollar" tours.
Ministry outlines EV production hub roadmap
News, Published on 17/02/2024
» The Ministry of Higher Education, Science, Research, and Innovation (MHESI) has launched three policies aimed at making Thailand the biggest EV production hub in Southeast Asia.
Insurance foresees 5-6% growth next year
Nuntawun Polkuamdee, Published on 20/12/2023
» The insurance industry is projected to expand 5-6% in 2024 with premiums of 301-303 billion baht thanks to the high growth of electric vehicle (EV) and health insurance, says the Thai General Insurance Association (TGIA).
Last-minute EV buyers get subsidy sweetener
Published on 19/12/2023
» Consumers who buy electric vehicles this month will be eligible for the current higher subsidies as long as the vehicles are registered by the end of January, the cabinet decided on Tuesday.
EV production target ramped up for 2024
Business, Lamonphet Apisitniran, Published on 15/12/2023
» Thai authorities want next year's electric vehicle (EV) production capacity to reach 359,000 units based on investment of 39.5 billion baht, say industrial officials.
Thairung Group acquires Drivemate peer-to-peer car rental platform
Published on 07/12/2023
» Thairung Group, Thailand's leading group of companies in the automobile business, announced that its car rental subsidiary 'Bizcar Rental' has acquired and merged with Drivemate, the fastest-growing peer-to-peer car rental platform in the country. The move signals a strategic step towards a more comprehensive and scalable mobility solution provider and strengthen Bizcar Rental's (under Thai V.P. Corporation Company Limited) initial public offering (IPO) expected in 2024.
Scaled-down EV subsidies approved
Published on 01/11/2023
» Subsidies for purchases of electric vehicles will be reduced to a maximum of 100,000 baht starting in 2024, from 150,000 baht now, the National EV Policy Committee announced on Wednesday.
PM orders state agencies to buy EVs
Post Reporters, Published on 19/10/2023
» Prime Minister Srettha Thavisin has ordered state agencies to buy electric vehicles to replace older vehicles, build more charging stations nationwide and make insurance for EVs affordable.
Kcar predicts sluggish rental market
Business, Lamonphet Apisitniran, Published on 13/09/2023
» Krungthai Car Rent & Lease Plc (Kcar) expects Thailand's car rental business to grow by only 2-3% this year, while the used car business is likely to slow down.