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% of their components locally. This...
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 vehicles (EVs) in Thailand. The...
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 units, according to Krungsri Securities...
Thai Interest in Electric Vehicles Shifts Amidst Consumer Preferences
Thai consumers' interest in purchasing battery electric vehicles (BEVs) has declined over the past year, while hybrid electric vehicles (HEVs) have emerged as strong contenders, nearly matching the interest...
XPeng Thailand Expands Smart Electric Vehicle Network
XPeng Thailand has officially announced the appointment of 12 partners for its smart electric vehicles in the country, marking a significant step in establishing a comprehensive service network.
Under the...
Mercedes-Benz Partners with Thonburi Automotive for EV Production
On June 12, 2024, Mercedes-Benz announced a significant collaboration with Thonburi Automotive Assembly Plant Co., Ltd., cementing a 10-year contract to manufacture electric vehicles (EVs) in Thailand. This partnership...
