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Thailand lowers tax to boost hybrid EV sales

Thailand’s cabinet has approved new tax measures aimed at increasing domestic purchases and manufacturing of plug-in hybrid electric vehicles (PHEVs), with the changes set...

New EV Tax Measures for PHEVs to be Presented by April

BANGKOK (Bangkok Post) – The Thai Finance Ministry is set to present new support measures for plug-in hybrid electric vehicles (PHEVs) to the cabinet...

Toyota Plans Hybrid Expansion in Thailand with $1.5 Billion Investment

Toyota Motor Corporation has announced plans to invest 55 billion baht (approximately $1.5 billion) in Thailand to expand hybrid vehicle production, according to Industry...

Nissan to Cut 1,000 Jobs in Thailand as Part of Global Restructuring

TOKYO — Nissan Motor will reduce its workforce in Thailand by about 1,000 positions through layoffs or transfers, as the automaker scales back production...

FTI Cuts 2024 Car Production Target Amid Weak Sales

The Federation of Thai Industries (FTI) has revised its car manufacturing target for 2024 from 1.9 million to 1.7 million units, citing prolonged weak...

Thai Ministry Requires 40% Local Parts for Chinese electric vehicles

In an effort to bolster Thailand's automotive supply chain, the Industry Ministry is urging Chinese electric vehicle (EV) manufacturers to source at least 40%...

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