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Search Result for “electric vehicles”

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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).

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BUSINESS

Mazda to sink B5bn into new mild hybrid EV project

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

» Mazda Motor Corporation is preparing to spend 5 billion baht early next year on building a new mild hybrid electric vehicle (MHEV) production base in Thailand, marking a major step in the country’s transition toward electric mobility, says the Board of Investment (BoI).

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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.

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BUSINESS

Foreign investors upbeat despite political uncertainty

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

» Foreign investors remain upbeat about expanding their businesses in Thailand, even as political uncertainty surrounds Prime Minister Anutin Charnvirakul's government, according to the Board of Investment (BoI).

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BUSINESS

Frugal festivities

Business, Published on 08/12/2025

» The final months of the year are usually when businesses expect higher local spending, riding on the festive New Year mood.

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BUSINESS

Central Retail teams up with Krungsri for B2bn green loan

Business, Published on 05/12/2025

» Central Retail Corporation Plc (CRC) has partnered with Bank of Ayudhya (Krungsri) to secure a 2-billion-baht green loan, aimed at amplifying its environmental impact and strengthening the company's capabilities as a fully green retail and wholesale organisation.

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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.

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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.

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BUSINESS

Krungthai Panich Insurance partners with Krungsri on new motor offering

Business, Published on 03/12/2025

» Krungthai Panich Insurance Plc (KPI) has partnered with QBE Automotive Protection and Ayudhya Capital Auto Lease Plc (Krungsri Auto) to launch Krungsri GAP Value Fixed, a new motor insurance product designed to cover the difference between the outstanding hire-purchase loan amount and the insured vehicle's value in the event of total loss or theft.

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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.