Showing 1 - 10 of 46
Thailand car production rises 12%
Reuters, Published on 24/07/2025
» Car production in Thailand rose for a second straight month in June, up 11.98% from a year earlier to 130,223 units, the Federation of Thai Industries (FTI) reported on Thursday.
Detailing Neta's fall from grace
Lamonphet Apisitniran, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 12/07/2025
» Jutamas Tadthiemrom, an employee of a Bangkok-based media corporation, has been using her Neta electric vehicle (EV) for just over a year. The main reason she bought it was to reduce her fuel expenses, as she had used her previous car for more than 12 years.
China's intense EV rivalry tests Thailand's local production goals
Reuters, Published on 04/07/2025
» Hyper-competition in China's electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD, putting ambitious local production plans at risk.
Thailand car production rises for first time in nearly 2 years
Reuters, Published on 24/06/2025
» Car production in Thailand rose 10.32% in May from a year earlier, with the first annual rise in 22 months helped by higher pickup truck output for export markets, the Federation of Thai Industries (FTI) said on Tuesday.
Hozon, Chinese EV giant behind NETA, files for bankruptcy - what it means for Thailand
Online Reporters, Published on 23/06/2025
» On June 19, China's state-owned media outlet CCTV reported that Zhejiang Hozon New Energy Automobile, the parent company of electric vehicle brand NETA, had officially filed for bankruptcy. The filing came after a creditor sued the company over an unpaid debt of approximately 5.3 million yuan (about US$730,000), amid total liabilities exceeding 10 billion yuan ($1.4 billion).
EV subsidy suspensions to be clarified
Wichit Chantanusornsiri, Published on 17/06/2025
» The Thai government is looking to revise the rules for subsidy payments to electric vehicle (EV) manufacturers, as it seeks to clarify the conditions for suspending payments to firms unable to meet local production requirements.
Troubled EV firm Neta may have to repay Thai subsidies
Wichit Chantanusornsiri and Lamonphet Apisitniran, Published on 11/06/2025
» Electric vehicle (EV) importers participating in the Thai government’s subsidy programme are required to return any subsidies received if they fail to comply with the conditions, says Deputy Finance Minister Paopoom Rojanasakul.
Chinese EV maker Neta woes pose threat to Thai car dealers
Nareerat Wiriyapong, Published on 09/06/2025
» Troubles facing ailing Chinese electric vehicle (EV) maker Neta could have a drastic spillover effect on Thai car dealers, possibly forcing them to shut down, while insurance companies may choose to collect premiums directly from policyholders, says Allianz Ayudhya General Insurance (AAGI).
Executives advise caution for EV insurers
Business, Nuntawun Polkuamdee, Published on 09/06/2025
» Thailand's non-life insurance sector is on high alert as reports circulate that a Chinese electric vehicle (EV) manufacturer active in the Thai market may face bankruptcy, hinting that EV insurance is already a loss-making business.
EV sector faces bumpy road
Lamonphet Apisitniran and Nareerat Wiriyapong, Published on 09/06/2025
» A recent uptick in electric vehicle sales may not signify a smooth path for the Thai EV industry following double-digit growth.