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EA expects 20% jump in revenue next year

Business, Yuthana Praiwan, Published on 19/12/2023

» SET-listed Energy Absolute (EA), a renewable energy and electric vehicle (EV) developer and operator, expects its revenue to grow by at least 20% in 2024, mainly thanks to rising demand for EVs in Thailand.

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Toyota pilots EV pickups in Pattaya

Reuters, Published on 25/04/2024

» PATTAYA - Toyota has launched a public transport pilot project in this beach resort city with nine fully electric Hilux Revo pickup trucks.

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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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Toyota to mass-produce Hilux EV by 2025

Published on 26/03/2024

» Toyota plans to mass-produce a battery-electric Hilux pickup truck by the end of 2025, the president of its Thailand unit said on Tuesday.

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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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The next two-wheel revolution

Published on 06/03/2024

» In today's fast-changing world, technology has become an essential part of our daily lives, revolutionising the ways we communicate, work and live. Technology also holds powerful keys to help tackle some longstanding public health and environmental issues.

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Musk wants 25% voting control at Tesla before fulfilling AI goal

Reuters, Published on 16/01/2024

» BENGALURU and SAN FRANCISCO - Tesla CEO Elon Musk said on Monday he would be uncomfortable growing the automaker to be a leader in artificial intelligence (AI) and robotics without having at least 25% voting control of the company, nearly double his current stake.

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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).

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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.

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Imported EVs hot up market competition

Lamonphet Apisitniran, Published on 30/11/2023

» Imports of electric vehicles (EVs), especially from China, are intensifying competition in the domestic car market, which could lead to a price war with cars powered by internal combustion engines (ICE).