Showing 1-10 of 35 results
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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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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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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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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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Chinese manufacturers fuel EV market
Business, Lamonphet Apisitniran, Published on 26/03/2024
» The local electric vehicle market will continue to grow rapidly, driven by more investment from Chinese EV makers in Thailand, causing manufacturers to cut prices to attract consumers, according to major car companies.
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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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Taking a closer look at the EV expansion
Lamonphet Apisitniran, Published on 08/03/2024
» Domestic sales of battery electric vehicles (BEVs) skyrocketed last year by 603% year-on-year to 73,568 units, with the trend expected to continue this year, according to the Federation of Thai Industries (FTI).
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BMW to announce local EV battery plant plan
Business, Lamonphet Apisitniran, Published on 28/02/2024
» BMW Group Thailand is planning to build an electric vehicle battery factory in Thailand this year to support its sales of battery EVs and plug-in hybrid EVs, competing with Chinese EV supply chains.
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Auto sector faces bumpy sales
Lamonphet Apisitniran, Published on 05/02/2024
» The automotive industry is expected to have unequal sales growth this year, driven by motorists' changing lifestyles and choices by lenders.
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Car production to see 3.17% increase
Business, Lamonphet Apisitniran, Published on 30/01/2024
» Thailand's car production is estimated to increase by 3.17% to 1.9 million units this year amid economic challenges, says the Federation of Thai Industries (FTI).
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