electric vehicles
- Thailand News
Thailand to host prestigious Formula E electric-car championship
The Government of Thailand is set to welcome the prestigious Formula E electric-car racing championship in the coming year. This revelation was made by Prime Minister Srettha Thavisin on his X account yesterday, following an engaging conversation with a senior executive of Formula E. Formula E, also known as the ABB FIA Formula E World Championship, has earned global recognition…
- Automotive
EV expectations vs reality: The truth behind electric cars
When you’re in the market for an electric vehicle (EV), the allure of cutting-edge technology and the promise of a greener future are hard to resist. Manufacturers tout impressive ranges and revolutionary designs, painting a picture of the seamless transition from traditional petrol cars to electric marvels. Yet, once you dive into the world of EVs, you might find a…
- Automotive
Tesla in Thailand: The future of green mobility and autonomous vehicles
Following its debut in Thailand at the end of 2022, US-based automobile giant Tesla continues to expand its influence in the Thai market and it is also exciting to purchase a new car in Thailand. With a test centre open in Ramkhamhaeng, customers can try driving various Tesla models as they wish, buy Tesla products, and pick up their ordered…
- Health
Thailand battles rising health risks from PM2.5 air pollution levels
Ever wondered why the air in Thailand often feels thicker and harder to breathe? The culprit behind this is PM2.5, microscopic particles that can wreak havoc on your health. Thailand faces a significant challenge with high levels of PM2.5, particularly during certain times of the year. Understanding the causes behind these elevated levels is crucial for both residents and visitors…
- Thailand News
Thailand’s future electric vehicles industry workforce
Thailand’s Ministry of Higher Education, Science, Research and Innovation (MHESI) is gearing up to sculpt a formidable workforce of over 150,000 individuals poised to dominate the electric vehicle (EV) industry within the next five years. This electrifying initiative forms the nucleus of the ministry’s holistic strategy aimed at supercharging Thailand’s EV ecosystem. The ministry’s blueprint, announced with much fanfare, is…
- Business News
EV and SUV sales set for boost in Thailand amid automotive industry changes
This year, the automotive industry anticipates uneven sales growth, shaped by motorists’ evolving preferences and lenders’ decision-making. Electric vehicle (EV) makers and banks will be crucial in shaping domestic sales, especially within the pure pickup category. As per the Federation of Thai Industries (FTI), EVs, pickup passenger vehicles (PPVs), and sport utility vehicles (SUVs) are predicted to be this year’s…
- Transport News
Automakers’ ties to forced labour in China under scrutiny, says HRW report
Five prominent automakers, including Toyota, General Motors, Volkswagen, Tesla, and China’s BYD, have questionable ties to forced labour in China’s Xinjiang region, as identified by a report by Human Rights Watch (HRW). Xinjiang, an important aluminium producer contributing to approximately 9% of the global supply, has been linked to state-sponsored labour transfer programs accused of coercing Muslim minorities into forced…
- Business News
Nex point projects commercial EV sales to hit 5,556 by 2024
Nex Point, a SET-listed local assembler of commercial electric vehicles (EVs), is forecasting sales to hit 5,556 units by the end of 2024. This projection stems from an increased demand from businesses operating in the transport and logistics industries. A rise in such interest is tied to these sectors’ growing commitment to lower carbon emissions. Between January and September of…
- Business News
Elon Musk warns Chinese automakers set to drive global rivals off the road
Tesla CEO Elon Musk issued a stark warning, predicting that Chinese automakers will demolish global competition if trade barriers are not enforced. This statement highlights the intense pressure the leading American electric vehicle (EV) company faces from Chinese rivals such as Build Your Dreams (BYD), which are rapidly expanding their global presence. Musk’s warning follows recent developments where BYD, supported…
- Business News
Changan Automobile targets selling 20,000 EVs in Thailand this year
With positive optimism about the electric vehicle (EV) market in Thailand, Changan Automobile, a renowned manufacturer based in Chongqing, China, has set an ambitious plan. The company aims to sell 20,000 EVs in Thailand within this year and has designated the nation as its strategic export hub. Shen Xinghua, who chairs Changan Auto Sales (Thailand), revealed that the Thai government’s…
- Business News
Thailand expects major rise in EV imports under new four-year plan
The director-general of the Excise Department projected a significant increase in electric vehicle (EV) imports, with an estimated 175,000 units expected to reach Thailand within two years. This comes as part of a four-year plan, EV3.5 (2024-27), which requires importers to establish a production base in the country from 2024-25 onwards, to replace imports with domestically produced EVs. The plan…
- Thailand News
Thai lithium deposits outmatch global counterparts boosting EV production
A Thai geochemistry specialist recently confirmed that two primary lithium deposits located in Phang Nga hold an elevated concentration of lithium, surpassing many other significant deposits worldwide. This discovery reinforces the Thai government’s ambitious strategy to establish Thailand as a key producer of electric vehicles (EVs) and their components. The lithium sites in this southern province have been identified by…
- Thailand News
Thai Smile Bus to decommission gas vehicles, focuses on electric fleet
Thai Smile Bus (TSB) company announced its commitment to clean air and environmental sustainability with plans to decommission its entire fleet of 350 natural gas-fuelled vehicles (NGV) buses by the end of the month. Kulpornpath Wongmajarapinya, TSB Chief Executive Officer, revealed that over 95% of the NGV buses have been already phased out, including the latest batch of 58 buses…
- Business News
Thai firm energy absolute predicts 20% revenue growth by 2024 driven by EV demand
Energy Absolute (EA), a developer and operator of renewable energy and electric vehicles (EVs) listed on the Stock Exchange of Thailand, anticipates a minimum of 20% revenue growth by 2024. This increase, it suggests, will be primarily driven by the escalating demand for EVs in Thailand. The tourism sector’s recuperation and corporate demand for employee shuttle services are likely to…
- Thailand News
Thailand poised to become regional hub for electric vehicle production
Thailand is stepping into the spotlight as a potential regional centre for Electric Vehicle (EV) manufacturing, bolstered by Prime Minister Srettha Thavisin‘s confidence and support. This sentiment was shared with the public on December 1 by the Government Spokesperson, Chai Watcharong. PM Srettha has reportedly been working closely with various agencies to encourage and aid international private entities, particularly those…
- Transport News
Thai EV solutions provider teams up with Chinese manufacturer for electric taxis
In an innovative move to capitalise on the upswing in electric vehicles (EVs) in Thailand, EVme Plus Co, a leading EV solutions provider, is partnering with a Chinese EV manufacturer. This collaboration is aimed at promoting the usage of battery-powered cars among taxi drivers. EVme Plus Co is a part of the oil and gas colossus PTT Plc. The company…
- Pattaya News
Global EV trend surges with Thailand joining the race
A surge in the global trend of electric vehicles (EVs) usage has been highlighted by Poonphong Naiyanaphakorn, the director of the Trade Policy and Strategy Office. This information was shared with the public on a day not too long ago. The International Energy Agency (IEA) has predicted that the total EV sales are set to rise from 10 million units…
- Business News
Thailand’s first locally made portable EV charger launched by Anitech
Smart ID Group, renowned for manufacturing electronic devices under the Anitech brand, has unveiled Thailand’s first locally produced portable electric vehicle (EV) charger. The product, dubbed Anitech EV-One, is a high-quality offering that has achieved Thai Industrial Standards certification. The launch capitalises on the firm’s 18 years of track record in the consumer electronics sector, according to Thomas Hongpakdee, the…
- Business News
BEV sales set to outstrip targets despite stricter loan criteria
The Federation of Thai Industries (FTI) predicts sales of battery electric vehicles (BEVs) to exceed the set target of 40,000 units, by reaching between 60,000 to 70,000 units this year. This surge is despite the stricter loan criteria by banks, which pose a potential threat to Thailand’s domestic car manufacturing. According to Surapong Paisitpatanapong, vice-chairman of the FTI and spokesperson…
- Phuket News
Phuket earmarks 156 million baht for 24 EV buses and charging stations
The Phuket Provincial Administrative Organisation (PPAO) confirmed the allocation of 156 million baht (US$4.7 million) from this year’s budget for the purchase of 24 electric vehicle (EV) buses. These air-conditioned buses, each with a capacity of 21 seats, are set to serve three public routes across the province. The announcement was made during a Phuket Provincial Land Traffic Subcommittee meeting,…
- Business News
EV Market soars as Thailand and Indonesia take the lead in Asia
In a global trend, electric vehicles (EVs) are steadily gaining traction in the worldwide automobile market, with significant growth realised in Asia-ASEAN countries, specifically Thailand and Indonesia. This comes as per a study undertaken by the BloombergNEF research agency. Ideally placed at the forefront of Asia-Pacific transportation, Senior Analyst of BloombergNEF, Allen Tom Abraham, projected a sharp increase in the…
- Business News
German and French firms eye Thailand’s booming electric vehicle sector
A surge of interest in Thailand’s budding electric vehicle (EV) industry has been noted among businesses from France and Germany. The Thailand Board of Investment (BoI) revealed this interest following an investment promotion roadshow in these European nations. The BoI’s Deputy Secretary-General, Wirat Tatsaringkansakul, suggested a particularly keen receptiveness from French and German investors. These potential investors are reportedly looking…
- Business News
Business diversification: Susco Beyond explores EV market amidst fluctuating oil prices
Susco Beyond, an auxiliary affair of Susco Plc, a prominent Thai oil retailer, persists to diversify. While an integral part of their business still revolves around the oil industry, they seek to mitigate the risks associated with fluctuating oil prices through business diversification. To this end, they have turned their attention to non-oil businesses, an example of which includes their…
- Business News
Shocking surge: Chinese EV makers eyeing membership in FTI
Chinese electric vehicle (EV) makers are expressing interest in joining the Federation of Thai Industries (FTI) to support the growth of Thailand’s emerging EV sector. The FTI is currently in discussions with Chinese automobile manufacturers and aims to reach a decision shortly, according to Surapong Paisitpatanapong, vice-chairman of the FTI and spokesman for the FTI’s Automotive Industry Club. He said……
- Guides
What you need to know before buying an EV Car in Thailand
Looking to make the transition from a traditionally powered car to a full eclectic vehicle (EV)? The EV market in Thailand is only getting started, and more people are becoming interested in driving EV cars. Given the skyrocketing price of oil, it seems inevitable that EV cars will soon replace fossil fuel vehicles. Plus, EV cars offer a smooth driving…
- Automotive
Thai auto industry shows resilience in 2023 Bangkok International Motor Show
The 2023 Bangkok International Motor Show came to an end on Sunday, and the numbers show that the Thai automotive industry is making a strong comeback. Car and motorcycle bookings increased by more than 35% year-on-year to 45,983 units, a figure attributed to an improving economy and the growing popularity of electric vehicles (EVs). Jaturon Komolmit, Vice-Chairman of Grand Prix…
- Economy News
Electric vehicles to hit the accelerator this year, says FTI
The Federation of Thai Industries (FTI) predicts a bold future for Thailand’s electric vehicle (EV) industry, unlike the International Monetary Fund which believes the kingdom is heading for a recession. The FTI reckons the EV industry will hit the accelerator this year and sell between 25,000, to 35,000 cars, reports Bangkok Post. But, to achieve that target the EV industry…
- Environment News
Toyota boss pumps brakes on shifting to EVs
The boss of Toyota, Akio Toyoda, is trying to pump the brakes on the shift to electric vehicles. During a recent visit to Thailand, Toyota warned that many insiders, a “silent majority,” are quietly wondering if it is a smart move for car makers to retool exclusively for electric cars. Toyoda said… “People involved in the auto industry are largely…
- World News
Business exodus from China will ensure Southeast Asia will flourish
One of Thailand’s leading business executives believes Southeast Asia will flourish on the back of Chinese President Xi Jinping securing an unprecedented third term as leader of the Chinese Communist Party (CCP). The reelection of President Xi as CCP leader tightened his grip on the mainland and also ensured an exodus of businesses looking to relocate from China to Southeast…
- Transport News
Google Maps update makes it easy to find EV charging stations in Thailand
As more and more people opt for electric vehicles (EVs) in Thailand, Google Maps has added a feature to make it easy to find a place to charge your car. Google added the feature after searches for EV charging stations in the kingdom grew by 350% over the past year. Simply launch the app and search for EV charging stations…
