85 Million EVs to Dominate Global Roads in 2025
By the end of 2025, 85 million electric vehicles (EVs) - cars, buses, vans and heavy trucks – are expected to be on the road, according to the latest forecast by Gartner, Inc.
Samut Prakan Leads with the Highest Number of Industrial Factories in September 2024
New factories were licensed in September 2024, totaled 257 factories. Samut Prakan was the province where 53 new factories opened, the largest number with the total capital of 3,…
Proterial Develops Advanced Magnetic Sheet for Non-Contact EV Charging
Proterial, formerly Hitachi Metals, has developed a cutting-edge magnetic sheet and panel using soft magnetic materials to enhance non-contact charging systems for electric vehicle…
Seven Passenger Car Companies’ Global Sales Fall 1.4%
Global sales by seven passenger car companies have declined by 1.4%, marking the first year-on-year drop in two years. Intensifying competition in China and North America is puttin…
Thailand EV Board Approves Tax Cuts for Hybrid Cars and Extends Production Scheme
Thailand EV Board approves extended production timeframe for BEV and inclusion of Mild HEV in hybrid incentive package to support industry’s electrification.
Samut Sakhon Leads with the Highest Number of Industrial Factories in October 2024
New factories were licensed in October 2024, totaled 151 factories. Samut Sakhon was the province where 26 new factories opened, the largest number with the total capital of 973.8…
Toyota Posts Strong Profits Amidst Challenges
Toyota overcomes headwinds to maintain profitability, steady cost reduction activities and other efforts resulted in an operating profit of 2.4642 trillion yen for the April-Septem…
Honda and Nissan Merger to Challenge EV Competition
Rayong Leads with the Highest Number of Industrial Factories in November 2024
New factories were licensed in November 2024, totaled 165 factories. Rayong was the province where 18 new factories opened, the largest number with the total capital of 2,283.79 mi…
Mazda to build Module Pack Plant for Cylindrical Lithium-ion Batterires
Mazda to build Module Pack Plant for Cylindrical Lithium-ion Batteries for Automotive Use in Iwakuni City, Yamaguchi Prefecture
Japanese Firms Scale Back China Expansion to 21%
Japanese companies are “expanding” into China at a rate of just 21% due to sluggish domestic demand and U.S. sanctions, according to a JETRO survey.
Thailand BOI Says 2024 Investment Applications Soar 35% to 10-Year High of USD33 Billion
BOI said today that applications for investment promotion in 2024 soared 35% in value to 1.14 trillion baht (ca. USD 33 billion), the highest level since 2014, led by large foreign…
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Key Automotive Trends for 2025
Electric vehicles are set to dominate the market, with a 17% growth in shipments in 2025 and over 50% of all models expected to be electric by 2030, as predicted by Gartner.
Major Investment Projects: TikTok and Siam AI Kick Off Investments in Thailand in 2025
Thailand BOI Approves Investments Worth A Total of US$5 Billion, Including TikTok’s Data Hosting Project.
Thailand’s 2024 Auto Sales Drop 26.18%, Passenger EV Sales Decline but Hybrids Rise
The Automotive Industry Club of the Federation of Thai Industries (FTI) has reported that Thailand's total vehicle sales in 2024 reached 572,675 units, marking a significant declin…
Thailand’s Motorcycle Sales Drop 9.35% in 2024, BEV Plummets Over 50%
The Automotive Industry Club of the Federation of Thai Industries (FTI) reported that Thailand’s total motorcycle sales in 2024 reached 1,683,239 units, marking a 9.35% decline fro…
Chonburi Leads with the Highest Number of Industrial Factories in December 2024
New factories were licensed in December 2024, totaled 141 factories. Chonburi was the province where 14 new factories opened, the largest number with the total capital of 816.28 mi…
VinFast launches VF 3, offers free charging for its EV in Indonesia
VinFast announces the launch of VF 3 and a free charging policy for its electric vehicles in Indonesia.
EECO and HSBC Thailand announce partnership to connect global investors to the EEC
The MoU aims to support EECO’s 5-year target of attracting THB500 billion to Thailand’s high-value industries
Isuzu to Launch “Pickup EV” in the UK Next Year to Meet European Environmental Regulations
Isuzu Motors is set to launch an electric vehicle (EV) model of its D-MAX pickup truck (LCV) in the UK as early as 2026.
Chonburi Leads with the Highest Number of Industrial Factories in January 2025
New factories were licensed in January 2025, totaled 147 factories (18,119.94 million baht). Chonburi province led the pack with 34 new factory licenses and a total investment of o…
Thailand & Japan Unite for Green Industry! Launch Sustainable Business Desk to Drive Carbon Neutrality
Thailand & Japan Unite for Green Industry! Launch Sustainable Business Desk to Drive Carbon Neutrality
TAPMA Unveils Future Mobility Thailand 2025, Driving Towards a Global Hub for Next-Generation Automotive Manufacturing
A Global Business Matching Platform Aiming to Position Thailand as a Hub for Future Mobility Manufacturing
Thailand Reinforces Commitment to Strengthen Investor Confidence
Thailand is positioning itself as a top investment hub. At Ignite Thailand, PM Paetongtarn Shinawatra reaffirmed commitment to investor confidence and economic growth.
Thailand BOI Approves 200 Billion Baht Investments in Rail and Digital Infrastructure Projects
Thailand BOI Approves 200 Billion Baht Investments in Rail and Digital Infrastructure Projects