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Chinese EVs bet they can dethrone Japan brands in Thailand

Bloomberg News, Published on 09/04/2024

» TOKYO - Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co promised to double sales in Thailand to 30,000 electric vehicles (EVs) this year.

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MOTORING

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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MOTORING

Singapore wooing drivers to buy EVs with splashy campaign

Reuters, Published on 05/03/2024

» SINGAPORE - A young couple leans in for a kiss as the sun casts shades of purple, pastel pink and orange across a city skyline. In the background, a line of sleek electric vehicles (EVs) charge their batteries.

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MOTORING

EV imports expected to reach 175,000 in two years

Wichit Chantanusornsiri, Published on 22/01/2024

» The Excise Department estimates electric vehicle (EV) imports will reach 175,000 units within two years, says director-general Ekniti Nitithanprapas.

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MOTORING

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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MOTORING

With new plant, Great Wall Motor targets electric vehicle growth

Business, Lamonphet Apisitniran, Published on 13/01/2024

» Chinese automaker Great Wall Motor (GWM) aims to grow its electric vehicle business in Asean after developing an EV production base in Thailand, which is scheduled to start selling locally-made EVs this month.

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MOTORING

Goodyear takes up EV tyre challenge

Published on 09/01/2024

» LAS VEGAS - The US tyre producer Goodyear is developing a product for electric vehicles that it says will help improve something that has hampered their competitiveness against petrol-powered vehicles: tyre life.

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MOTORING

Chinese EV maker BYD poised to dethrone Tesla

Published on 02/01/2024

» The Chinese automaker BYD sold 526,409 fully electric vehicles in the fourth quarter, meaning Tesla will need a record showing to maintain its global market leadership when it releases sales figures later on Tuesday.

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MOTORING

Krungsri Auto hikes rates for car loans

Somruedi Banchongduang, Published on 21/11/2023

» Krungsri Auto, the country's largest auto loan service provider, has lifted its interest rates in line with the Bank of Thailand's policy rate hikes.

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MOTORING

Workers at GM ratify contract in win for US auto union

AFP, Published on 17/11/2023

» NEW YORK - Workers at General Motors have voted to ratify a new labor contract with sweeping pay increases, according to figures published Thursday, a landmark step after a major auto industry strike this year.