electric vehicles
- Technology News
China-Taiwan-US spat threatens Thailand’s car industry
Thailand is bracing itself for an economic setback as China threatens to ban the export of raw materials to Taiwan needed for the kingdom’s motor industry. The Federation of Thai Industries (FTI) yesterday said it fears China will deny Taiwan the raw materials needed to make semiconductors that the Thai automobile industry is dependent on. The FTI made it known…
- Phuket News
Electric vehicles are now available to rent in Phuket, Thailand
Phuket has entered a new era of sustainability by welcoming the island’s first ever rentable 100% electric vehicle (EV). Tourists can rent the Nissan Leaf from SIXT Thailand and cruise around Phuket without producing any harmful emissions at all. SIXT Thailand partnered with InterContinental Phuket Resort on the project, who have installed a series of EV charging stations compatible with…
- Thailand News
New tax law could provide spark to Thailand’s global EV hub dream
A new tax law introduced today could provide the spark to realize Thailand’s global electric vehicle hub dream. The Excise Department in Bangkok revealed a law governing the reduction of the EV tax from 8% to 2% will be published tomorrow in the Royal Gazette and come into effect on Friday, after the Council of State finished vetting the law,…
- Thailand News
Japan provides the key to open Thai EV door
PM Prayut Chan-o-cha says Japan holds the key to Thailand becoming world’s largest electric vehicle production hub. The Thai PM yesterday told the 27th International Conference on the Future of Asia, organized by Nikkei Inc, in Tokyo, that with Japan’s support and investment Thailand could realise its EV dream. The 68 year old revealed plans to upgrade the country’s digital…
- Thailand News
EVs take limelight at Bangkok motor show, spurred by subsidy as fuel prices surge
Electric vehicles took centre stage at the Bangkok International Motor Show this week, where thousands gawked at the latest fuel-efficient models that car manufacturers have to offer, as global fuel rices continue to soar due to the war in Ukraine. Attendants were intrigued by the additional perk of a 15 percent government subsidy for select EVs. The show highlights the…
- Thailand News
Thai government pushes use of electric vehicles to reduce carbon emissions
The Thai government has approved a budget of 3 billion baht to subsidise the price of electric vehicles and has installed free-to-use EV charging stations at Benjakitti Park in Bangkok to promote the shift to a low carbon society. The spokesperson for the prime minister, Thanakorn Wangboonkongchan, announced today that PM Prayut Chan-o-cha aims to promote electric vehicles and make…
- Technology News
Global Electric Vehicle sales up 109% last year
In new research on the global electric vehicle market, Canalys estimates that 6.5 million electric vehicles (EVs) were sold worldwide in 2021, up 109% on 2020. EVs include fully electric and plug-in hybrid passenger cars. The total global car market grew just 4% in 2021 as it continued to struggle with Covid-19 restrictions and chip shortages. EV sales represented 9%…
- Economy News
Ford factories in Thailand to receive a US $900 million upgrade
In an announcement today, Ford Motor Company committed to investing US $900 million – about 30 billion baht – to upgrade their factories in Thailand. The American car manufacturer vowed to modernise its production plants in Thailand that support the building of the Everest SUV and Ranger pickup truck. The 30 billion baht is the biggest single investment that Ford…
- Thailand News
Tax to promote electric vehicles forecasted
Thailand is hopping on the electric vehicle bandwagon. An anonymous source within the Finance Ministry told the Bangkok Post that the Thai government is mulling over providing tax benefits aimed to encourage electric vehicles. This move is coming in the wake of recent promises by PM Prayut Chan-o-cha to increase Thailand’s focus on tackling climate change. The source told the…
- Business News
Thailand jumps on the electric bandwagon, aims to become EV production hub
The Thai government has ambitious plans to turn the Kingdom into a Southeast Asian hub for the manufacture of electric vehicles. Nikkei Asia reports that big companies in Thailand are preparing to invest substantially in the greener mode of transport, after the National Electric Vehicle Policy Committee suggested a new manufacturing target could mean half of Thailand’s auto-production is made…
- Transport News
Thailand aims for only electric vehicles by 2035
Thailand has announced an ambitious plan to move to only sell zero-emission electric vehicles by 2035 as it aims to be at the forefront of the electric car market. Right now in Thailand, less than 1% of the vehicles on the road are electric but an advisor to the Energy Ministry’s national policy committee said that it’s clear the world…
- Business News
Huge potential for electric car industry in Thailand
Have you considered getting an electric car yet? What’s your impediment? Cost? Selection? Too ‘out there’ for you at this stage? Electric cars (EVs) are yet to go mainstream in Thailand as yet. But there is little doubt the popularity of locally built and imported EVs will rise over the next few years. There will be more choice, the cars…
- Thai Life
The Long March towards electric cars
by Syed Mansur Hashim – The Daily Star They’ve sold 770,000 electric vehicles last year, up 50% on the year before. And there’s already 352,000 electric buses on their roads already. When it comes to electric vehicles (EVs), the world has some catching up to do. According to Forbes magazine, Chinese manufacturers produced and sold 770,000 EVs in 2017. This…
