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Thailand lowers tax to boost hybrid EV sales

Thailand’s cabinet has approved new tax measures aimed at increasing domestic purchases and manufacturing of plug-in hybrid electric vehicles (PHEVs), with the changes set...
National News

US Auto Industry Faces Uncertainty as Trump Imposes 25% Tariffs

The US auto industry and global car manufacturers are bracing for significant disruption following President Donald Trump’s announcement of a 25% tariff on all...
National News

New EV Tax Measures for PHEVs to be Presented by April

BANGKOK (Bangkok Post) – The Thai Finance Ministry is set to present new support measures for plug-in hybrid electric vehicles (PHEVs) to the cabinet...
National News

Toyota Plans Hybrid Expansion in Thailand with $1.5 Billion Investment

Toyota Motor Corporation has announced plans to invest 55 billion baht (approximately $1.5 billion) in Thailand to expand hybrid vehicle production, according to Industry...
National News

Used Car Market Struggles Amid Oversupply and EV Price War

Photos Courtesy : Bangkok Post
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Tesla Cancels Thailand Factory Plans Amid Global Strategy Shift

Tesla has abandoned its plans to establish a manufacturing plant in Thailand, signaling a significant shift in its global expansion strategy. This decision, part...
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FTI Cuts 2024 Car Production Target Amid Weak Sales

The Federation of Thai Industries (FTI) has revised its car manufacturing target for 2024 from 1.9 million to 1.7 million units, citing prolonged weak...
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Thai Ministry Requires 40% Local Parts for Chinese electric vehicles

In an effort to bolster Thailand's automotive supply chain, the Industry Ministry is urging Chinese electric vehicle (EV) manufacturers to source at least 40%...
National News

Thailand Addresses BYD EV Pricing Concerns

Prime Minister Srettha Thavisin recently engaged in discussions with BYD Chief Executive Wang Chuanfu concerning public concerns over pricing policies for the company's electric...
National News

Thai Automotive Production Hits 14-Year Low Amid Economic Challenges

Thailand's automotive production is projected to reach a 14-year low this year, excluding the pandemic years of 2020-22, with output dipping to 1.65 million...
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