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 to take effect on January...
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 imported vehicles and numerous foreign-made...
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 by April 2025. These measures,...
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 Minister Akanat Promphan. The investment...
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 of a broader reevaluation of...
