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Passenger EV Registrations Fall Short in Thailand

Passenger EV Registrations Fall Short in Thailand

by Teuvo Tuomi | Sep 8, 2024 | Thailand, Economy, News, Technology, Transportation

The number of passenger EV registrations in Thailand is estimated to reach only 80,000 this year, according to Suraj Sangsnit, president of the Electric Vehicle Association of Thailand. This is a 5% increase from the 76,000 units sold last year, but it falls short of...
Hyundai to Invest One Billion in EVs in Thailand

Hyundai to Invest One Billion in EVs in Thailand

by Teuvo Tuomi | Aug 7, 2024 | Thailand, Digitalization, Investment, Korea, Technology

South Korean car giant Hyundai Motor will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, according to the country’s Board of Investment (BOI). Thailand’s booming EV sector is...
VinFast Starts Selling EVs in Thailand

VinFast Starts Selling EVs in Thailand

by Teuvo Tuomi | Mar 27, 2024 | News, Business, Economy, Energy, Technology, Thailand, Vietnam

Vietnamese automaker VinFast plans to start selling its electric vehicles (EVs) in Thailand. It has already made deals with dealers to open showrooms in the country. VinFast faces stiff competition in Thailand from Chinese automakers like BYD and also Tesla, who are...

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