Showing 1 - 10 of 14
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.
Chery to build $800m EV plant in Vietnam
Published on 04/04/2024
» HANOI - The Chinese automaker Chery has signed a joint venture agreement with a local company to set up an $800-million electric vehicle plant, the Vietnamese trade ministry said on Thursday.
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.
Isuzu allocates B32bn for Thailand investments
Business, Lamonphet Apisitniran, Published on 21/03/2024
» Yokohama, Japan-based automaker Isuzu Motors plans to spend ¥1 trillion (240 billion baht) to fuel its investments through 2030, with part of the budget allocated for battery cell and electric pickup manufacturing in Thailand, which will serve as the company's electric vehicle (EV) export base.
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.
Institute expects test track to help fuel growth of EV industry
Business, Lamonphet Apisitniran, Published on 12/01/2024
» The Thailand Automotive Insitute (TAI) expects to further fuel the growth of Thailand's electric vehicle industry by providing EV manufactures with a test track, which will become a new source of revenue for the country.
Porsche warns luxury not immune to economic woes
Reuters, Published on 25/10/2023
» BERLIN - Porsche AG reported nine-month results in line with its annual forecast on Wednesday but warned the luxury sector was suffering like others from higher costs and dampened consumer confidence as interest rates rise.
AH upbeat on parts sales in Asia
Business, Lamonphet Apisitniran, Published on 19/10/2023
» AAPICO Hitech Plc (AH), an auto parts manufacturer, expects auto parts sales in the Asian market to keep growing despite geopolitical conflicts in the Middle East.
EV, battery demand to spur EA's revenue
Yuthana Praiwan, Published on 22/09/2023
» Growing demand for commercial electric vehicles and batteries is expected to boost the total revenue of SET-listed Energy Absolute (EA), a renewable energy and EV developer and operator, to reach a record high of more than 41 billion baht this year, up from 27.5 billion baht in 2022.
GAC Aion set to assemble EVs in the EEC next year
Business, Lamonphet Apisitniran, Published on 12/09/2023
» GAC Aion New Energy Automobile, an electric vehicle (EV) maker under Guangzhou Automobile Corporation (GAC), the second-largest seller of EVs in China, plans to assemble its first battery EVs in June 2024 at the company's new factory in the Eastern Economic Corridor (EEC).