BOI Aims to Accelerate Electric Vehicle Market Growth
The Board of Investment (BoI) is working to boost employment in Thailand by promoting the growth of the electric vehicle (EV) sector. To support this emerging industry and create more…
China issues warning to EV manufacturers regarding price competition
Earlier this week, Chinese officials called in leaders from leading electric vehicle (EV) manufacturers, including BYD, to Beijing to discuss the ongoing price war and related industry issues. The gathering…
Cabinet Allocates B7.12 Billion for Electric Vehicle Subsidies
The cabinet has approved the allocation of 7.12 billion baht from the central reserve budget designated for emergency and essential purposes to support the electric vehicle (EV) subsidy program. After…
Changan Set to Launch Thai Electric Vehicle Factory Next March
Changan Automobile is set to open its first electric vehicle manufacturing plant in Southeast Asia in Thailand during the first quarter of next year, with an investment budget exceeding 10…
Bankruptcy Filing from Electric Vehicle Startup
Fisker, the American electric vehicle (EV) manufacturer, has filed for bankruptcy protection following the breakdown of negotiations with a major automaker, leading to challenges stemming from significant cash depletion in…
China increases production of electric vehicles in Thailand.
Chinese car manufacturers are set to boost the production of electric vehicles (EVs) in Thailand this year by locally manufacturing a significant portion of the vehicles. According to the Board…
Thailand Plays a Crucial Role in the ‘China + One’ Strategy for Electric Vehicle Manufacturers
Thailand is emerging as a vital link in the evolving ‘China Plus One’ supply chain strategy, especially among EV automakers seeking to diversify their production bases. With geopolitical uncertainties and…
Examining the expansion of EV in Thailand
An electric vehicle charges at a charging station, while the Thai government has introduced three initiatives to boost the production and adoption of EVs. In 2023, domestic sales of battery…
Elon Musk stumps up the dough as Tesla cancel last minute order
Elon Musk has stepped in to foot the bill for 4,000 mini pies after his firm cancelled an order at the last minute. Giving Pies bakery in San Jose was…
Srettha to meet with EV investors in Germany
During Deputy Prime Minister Parnpree Bahiddha-Nukara’s official visit to Germany, the government outlined plans to attract German car manufacturers to invest in Thailand’s electric vehicle (EV) industry. The aim is…