Thailand’s Board of Investment (BOI) has recently announced new incentives aimed at refurbishing used electric vehicle (EV) batteries. According to the BOI, this initiative is part of the country’s strategy…
Anby AlcomendasJune 26, 2024
In a move to position the country as a leader in electric vehicles, (EVs), artificial intelligence (AI), and quantum technologies, Thailand is investing some 8 billion Baht (around $229 million)…
Anby AlcomendasJune 13, 2024
Vietnam's car industry faces tough times, with sales dropping sharply and unsold vehicles piling up. Despite government efforts to help through tax and fee cuts, the market is not bouncing…
Anby AlcomendasJune 5, 2024
The Federation of Thai Industries (FTI) has forecasted a downward trend for the automotive sector. Declining sales and production prompt this amidst a sluggish economy and tightening credit conditions. "Buyers…
Anby AlcomendasMay 29, 2024
According to a recent report by the Vietnam Automobile Association (VAMA), vehicle sales in April reached 24,530 units. This is an 11 percent decrease compared to March 2024 but an…
Anby AlcomendasMay 15, 2024
The Indonesian government is aiming high for electric vehicle (EV) sales in 2024, with a target of reaching 50,000 units. This was revealed by Deputy for Infrastructure and Transportation Coordination…
Anby AlcomendasMay 8, 2024
Thailand’s new car market fell with 56,099 vehicles sold in March 2024 according to the latest data released by the Federation of Thai Industries (FTI). This is a 30 percent…
Anby AlcomendasMay 1, 2024
Malaysia's automotive industry experienced a welcomed uptick in new vehicle sales in March 2024. Figures released by the Malaysian Automotive Association (MAA) indicate a 10 percent increase compared to February…
Anby AlcomendasApril 24, 2024
Vietnam’s automobile market has shown signs of recovery in March. According to the latest data from the Vietnam Automobile Manufacturers’ Association (VAMA), its members sold 27,289 units in March. This…
Anby AlcomendasApril 17, 2024
