EVs
- Business News
Ford Thailand revs up for turbocharged pickup comeback as year-end season approaches
Ford Thailand, the driving force behind Ford Motor’s presence in the country, is gearing up for a turbocharged comeback in pickup sales as we cruise into the final quarter of the year – a season traditionally revved up for car enthusiasts. This resurgence is expected to shift into high gear thanks to the bumper crop of income flowing in from…
- Business News
Krungsri Auto targets 1/3 EV lending market share amid 203% growth forecast
Krungsri Auto, a leading automotive finance company under the Bank of Ayudhya, is targeting a one-third market share in electric vehicle (EV) lending this year. The firm anticipates a 6% decline in new motorcycle sales, amounting to 1.7 million units, mainly due to a high base effect. Out of these, 30,000 units are expected to be electric motorcycles, an increase…
- Business News
31% of Thais eye battery electric vehicles as next car choice
A recent survey by Deloitte Thailand revealed that 31% of Thai consumers are likely to opt for a battery electric vehicle (BEV) as their next car, the highest percentage in Southeast Asia. Despite this, internal combustion engine vehicles continue to be the preferred choice in the region. The survey, conducted between September and October last year, focused on consumer behaviour…
- Business News
Great Wall Motor targets 50% growth in Thailand this year
China‘s Great Wall will target 50% growth in Thailand this year. Great Wall Motor’s Ora Good Cat is already the top-selling electric vehicle in the kingdom. Great Wall Motor aims to increase sales in Thailand by 50% this year, the privately owned automaker said on Friday, while also planning to launch production of electric vehicles in Thailand in 2024. GWM…
- 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…
- Technology News
For Tesla Thailand, all bumpy roads lead to China
For newly-minted Tesla Thailand, there’s a bumpy road ahead, and it leads back to China. Tesla began sales in Thailand, just over a week ago, offering its popular Model 3 and Model Y at prices that compete with rivals like BYD. The company staged a glitzy showcase of its plans at Bangkok’s Siam Paragon mall with vehicles to be delivered…
- Business News
Tesla to launch in Thailand this month
Elon Musk’s Tesla Motors aims to launch in Thailand this month after a period of recruiting in the kingdom. The company will sell electric vehicles (EVs) in Thailand. Tesla registered as a company in Thailand in May this year with an initial registered capital of 3 million baht. The company is releasing two cars initially, the Model 3 and Model…
- 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…
- 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
Tesla registers as a company in Thailand
Tesla Company (Thailand) Ltd is now a registered company in Thailand, according to information found on the Department of Business Development’s website. The company registered today, on May 25, with an initial registration capital of 3 million baht. The primary purpose of Tesla in Thailand is to sell electric vehicles, or EVs. The company will also install and sell energy…
- Thailand News
Boost in car sales, enthusiasm for EVs – Bangkok’s annual motor show – VIDEO
Petrol-powered cars are still in vogue, but electric vehicles, or EVs, are on the rise. That’s the takeaway from this year’s Bangkok International Motor Show, which recorded sales of some 34,000 vehicles, nearly a 14% increase compared to last year. The 43rd edition of the popular motor show took place over a span of two weeks at Impact Muang Thong…
- 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%…
- Transport News
The latest on EV production in Thailand
Thailand car makers are ramping up the production of electric vehicles after the Thailand Board of Investment approved new electric vehicle projects. The 24 projects allow car makers to produce electric vehicles of all types, including hybrid electric vehicles, plug-in hybrid electric vehicles and battery electric vehicles. BOI data shows that these types of EVs will have a combined capacity…
- Transport News
Thailand’s electric vehicle market is underway, with commercial EV’s in focus
Thailand’s electric vehicle market is underway, with companies focusing on the commercial EV’s as a starting point. As many expect EV’s to be the future of the auto industry, many companies are now making the switch to renewable energy. One company that is trying to get ahead of the game, is that of Bangkok-based Energy Absolute. The biodiesel producer and…
- Thailand News
Deputy PM says relying on tourism is “unacceptable”
Thailand’s deputy PM says that relying too much on tourism is “unacceptable.” In Supattanapong Punmeechaow’s speech, he said that the tourism industry will never be allowed to recover to its previous levels. For years, Amazing Thailand was the nation’s slogan, which brought in $56.2 billion in 2019 alone, but after Covid struck, it is clear that there has been a…
- Transport News
Thailand charges towards an electric car future, with a few speed bumps
Thailand has the biggest automotive industry in Southeast Asia and the 12th largest in the world. Most of those coming out of Thai factories, well just about all really, are standard internal combustion engines with a few ‘hybrid’ models sprinkled in there as well. The hybrids include electric motors and charging systems which saves fuel and load on the petrol engines. But there…
- 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…
- Technology News
The Tesla of Thailand takes on the big car-makers
There are less than 1,500 battery-powered vehicles in Thailand. Thai billionaire Somphote Ahunai wants to change that with his Energy Absolute. He envisions a total closed universe where he makes the cars, builds the charging stations, then provides the electricity to power the charging stations. The popularity of motorcycles and the busy streets of South East Asia cities are just…
- Environment News
Electric vehicles on the rise but the take up is slow in Thailand
“Two trends will develop in Southeast Asia. The first is new operators of EV taxi fleets such as cars and motorcycles, and the second is electric buses for public transport.” Justin Wu, head of Asia-Pacific for Bloomberg New Energy Finance (BNEF) says the electric vehicles (EVs) remain expensive and unaffordable for individual buyers in Thailand and ASEAN. Mr. Wu says…
- 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…
