Showing 1 - 10 of 347
EV makers mull forgoing subsidies
Business, Lamonphet Apisitniran, Published on 06/12/2024
» Many electric vehicle manufacturers are considering forgoing subsidies under the state's EV incentive scheme as the automotive industry remains sluggish, causing them to adjust production plans, says the Electric Vehicle Association of Thailand (EVAT).
New taxes for EVs
News, Wichit Chantanusornsiri, Published on 05/12/2024
» The national committee in charge of promoting the electric-vehicle (EV) industry has approved a new car tax structure to support the production of hybrid vehicles as part of a plan to convert internal combustion engines to electric power.
Thailand extends EV production deadlines
Published on 04/12/2024
» The Thai government will extend the deadline for electric vehicle (EV) makers to meet local production targets, the Board of Investment said on Wednesday.
Declining competitiveness, loan growth dent GDP outlook
Nareerat Wiriyapong, Published on 04/12/2024
» The deteriorating competitiveness of Thai automotive companies coupled with contracting loan growth and uncertainty regarding US president-elect Donald Trump's trade policies pose threats to the Thai economy next year, say economists who downgraded the nation's GDP growth outlook.
Motorcycle sales set to increase in Q4
Lamonphet Apisitniran, Published on 02/12/2024
» Motorcycle sales, especially completely knocked-down (CKD) units, in the final quarter this year are expected to increase, thanks to more purchase orders overseas, which caused exports to skyrocket in October, says the Federation of Thai Industries (FTI).
Thai investigation ‘clears BYD over discounts’
Published on 29/11/2024
» The Consumer Protection Board in Thailand has cleared the Chinese electric vehicle maker BYD of wrongdoing over discount practices that prompted complaints from BYD owners and a subsequent investigation, two sources familiar with the matter said.
Auto sector dents recovery indicators
Business, Wichit Chantanusornsiri, Published on 29/11/2024
» The Thai economy continues to benefit from growth in exports, tourism and improved private consumption and investment, yet challenges persist in the automotive sector, according to the Fiscal Policy Office (FPO).
Car trade-in plan deemed insufficient
Published on 28/11/2024
» A government plan to launch a car trade-in programme is meant to revive domestic car sales, but car manufacturers and industry observers say it might not be enough, requesting more new measures to end the long slump.
Car output target cut to 1.5m units
Business, Lamonphet Apisitniran, Published on 26/11/2024
» The total car manufacturing target for 2024 has been reduced to 1.5 million vehicles down from 1.7 million, which is the lowest target seen since 2021, as car sales in the domestic market remain torpid, following banks' stricter criteria in the granting of auto loans, says the Federation of Thai Industries (FTI).
Michelin pins investment on EV policy
Lamonphet Apisitniran, Published on 25/11/2024
» French tyre maker Michelin vows to expand its investment in Thailand, hoping to benefit from the government's electric vehicle (EV) promotion policy despite weak domestic car sales.