Showing 1 - 10 of 2,790
Big Tech sell-off takes toll on Asian equities
Business, Published on 27/07/2024
» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.
Thailand to offer investment incentives for makers of hybrid vehicles
Reuters, Published on 26/07/2024
» Regional auto making hub Thailand will introduce investment incentives for manufacturers of hybrid vehicles, its Board of Investment (BOI) said on Friday, with excise taxes for hybrids to be lowered from 2028 to 2032.
China doubles cash subsidies to propel EV sales as economic growth falls short
South China Morning Post, Published on 26/07/2024
» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.
Thailand cuts car manufacturing target to 1.7m in 2024
Business, Lamonphet Apisitniran, Published on 26/07/2024
» Months-long sluggish car sales have caused the Federation of Thai Industries (FTI) to reduce its car manufacturing target for 2024 to 1.7 million units, down from 1.9 million units.
High-spec Porsche Cayenne S E-Hybrid Coupe launched in Thailand
Published on 24/07/2024
» Porsche has introduced its new Cayenne S E-Hybrid Coupe, the ASEAN-built Porsche that offers Thai customers higher specifications as well as more attractive pricing.
Chinese EV makers urged to use locally sourced parts
Business, Lamonphet Apisitniran, Published on 23/07/2024
» The Industry Ministry is requesting Chinese electric vehicle manufacturers assemble their EVs with at least 40% of parts sourced locally in a move to support the automotive supply chain in Thailand.
Premium EV sales dip 35% in first half
Published on 23/07/2024
» Sales of premium electric vehicles (EVs) in Thailand plunged 35% year-on-year during the first half of this year, but German luxury car maker BMW remains positive about its EV sales, with newly launched models in the MINI family in Bangkok expected to thrill the public.
Chinese EV makers urged to use parts made in Thailand
Lamonphet Apisitniran, Published on 22/07/2024
» The Industry Ministry is requesting Chinese electric vehicle manufacturers assemble their EVs with at least 40% of parts sourced locally in a move to support the automotive supply chain in Thailand.
Scandal stalks stocks
Published on 22/07/2024
» The Stock Exchange of Thailand (SET) was recently hit by an accounting and embezzlement scandal at Stark Corporation, which is estimated to have cost at least 14.7 billion baht in damages to shareholders and stock investors.
GAC Aion upbeat on EV market prospects
Lamonphet Apisitniran, Published on 22/07/2024
» GAC Aion New Energy Automobile, an electric vehicle manufacturer under Guangzhou Automobile Corporation (GAC), expects to gain benefits from the continual growth of Thailand's EV market, following the recent opening of a 2.3-billion-baht EV assembly plant in Rayong.