Mitsubishi Motors will collaborate with Foxconn to introduce the Model B electric SUV in Australia and New Zealand by 2026. The partnership aims to reduce development costs and str…
JMTBA reported that total global orders for Japanese machine tools in February 2025 reached 118.198 billion yen (approx. USD 801.03 million), marking a 1.8% increase from January. …
New factories were licensed in February 2025, totaled 144 factories (22,858.73 million baht). Chonburi province led the pack with 33 new factory licenses and a total investment of …
Thailand’s total vehicle production in February 2025 reached 115,487 units, a decline of 13.62% compared to February 2024. This decrease was primarily driven by a 21.26% drop in do…
JMTBA reported that total machine tool orders in January 2025 amounted to 116.15 billion yen (USD 775.04 million), marking an 18.8% decrease from December 2024.
The TAKAMAZ XTS-6 is a next-generation CNC lathe designed to deliver high precision and efficiency in the most compact footprint to optimize factory floor space while enhancing pro…
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's total vehicle production in January 2025 stood at 107,103 units, marking a sharp decline of 24.63% compared to January 2024. The drop was observed in both domestic and e…
JMTBA reported that total machine tool orders in December 2024 reached 143.09 billion yen (approximately U$942.13 million), marking a 19.9% increase from November.
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.
Thailand produced 104,878 vehicles in December 2024, marking a 17.37% drop year-on-year. The decline was driven by both domestic and export market weakness.
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…
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…
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japanese machine tools in November 2024 amounted to 119.327 billion yen ($756.71 million), repr…
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