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BUSINESS

Car exports decline 12%

Lamonphet Apisitniran, Published on 23/12/2025

» Thailand's car exports dropped 12% year-on-year between January and November to 78,692 units, as internal combustion engine (ICE) vehicles lost ground in overseas markets amid growing competition, according to the Federation of Thai Industries (FTI).

BUSINESS

Omoda & Jaecoo ramps up Thai EV production

Lamonphet Apisitniran, Published on 22/12/2025

» Omoda & Jaecoo (Thailand), a subsidiary of Chinese state-owned automaker Chery Automobile, has announced plans to produce 28,000-30,000 battery electric vehicles (BEVs) locally in 2026, as demand for electric mobility continues to rise among Thai consumers.

BUSINESS

Great Wall Motor to ramp up BEV output to 14,500

Business, Lamonphet Apisitniran, Published on 11/12/2025

» Chinese automaker Great Wall Motor (GWM) has announced plans to ramp up its annual production capacity of battery electric vehicles (BEVs) in Thailand to 14,500 units within the next two years, aligning with requirements under the government's EV incentive schemes.

BUSINESS

Prices of BEVs set to rise next year

Business, Lamonphet Apisitniran, Published on 10/12/2025

» The prices of battery electric vehicles (BEVs) in Thailand are expected to rise by an average of 200,000 baht next year, following the expiration of the government's EV3.0 incentive scheme, a move that could dampen domestic demand for BEVs, which has grown steadily over recent years, warns the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Riddara upbeat on battery-powered pickup outlook

Business, Lamonphet Apisitniran, Published on 09/12/2025

» Geely Riddara Thailand, the local arm of Chinese automaker Geely's electric pickup brand Riddara, expects battery-powered pickups to gain traction in the Thai market, despite economic headwinds and financing hurdles.

BUSINESS

Hyundai beefs up BEV sector

Business, Lamonphet Apisitniran, Published on 04/12/2025

» Thailand's battery electric vehicle (BEV) industry is predicted to accelerate in 2026, with Hyundai Mobility Thailand preparing to roll out locally assembled BEVs as the nation strives to become a regional export hub.

BUSINESS

Nex Point promotes green fleet options to firms

Business, Lamonphet Apisitniran, Published on 03/12/2025

» Commercial electric vehicle maker Nex Point Plc, a subsidiary of renewable energy giant Energy Absolute (EA) Plc, is accelerating its push into Thailand's fleet market with plans to sell 2,500 EVs next year, underscoring the company's ambition to position itself as a key player in the region's commercial EV sector.

BUSINESS

Japanese firms pledge to maintain pickup capacity

Business, Lamonphet Apisitniran, Published on 02/12/2025

» Japanese automakers Isuzu and Toyota have vowed to maintain pickup manufacturing capacity in Thailand and continue purchasing auto parts, despite a sharp decline in domestic sales, aiming to shield parts suppliers from financial strain.

BUSINESS

Carmakers demand stimulus

Business, Lamonphet Apisitniran, Published on 29/11/2025

» The country's leading carmakers are pressing the government for stronger support measures as the Thailand International Motor Expo kicks off, warning that promises of higher sales alone are inadequate to shield the industry from mounting challenges, including the severe impact of floods in the South.

BUSINESS

Vietnam building boom a boon for BMP

Business, Lamonphet Apisitniran, Published on 26/11/2025

» The growing plastic pipes and fittings industry in Vietnam is providing strong momentum for Binh Minh Plastics Joint Stock Co (BMP), a subsidiary of Siam Cement Group (SCG), which is positioning itself to meet rising demand by expanding high value-added and environmentally friendly products in the domestic market.