Thailand’s Excise Department has urged car manufacturers benefiting from its electric vehicle (EV) promotion policies to start producing crucial EV components locally. They must complete this by 2026. This move…
Anby AlcomendasSeptember 25, 2024
The Vietnam Automobile Manufacturers Association (VAMA) has proposed a significant overhaul of the special consumption tax rates for hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs). According to…
Anby AlcomendasSeptember 11, 2024
Malaysia is taking significant steps to promote electric vehicles (EVs) as part of its broader National Energy Transition Roadmap (NETR). The goal is to see EVs make up 15 per…
Anby AlcomendasSeptember 4, 2024
Thailand’s automobile industry faced a significant downturn in July 2024, with production dropping by 16.62 per cent to 124,829 units. This decline marks the 12th consecutive month of reduced output…
Anby AlcomendasAugust 28, 2024
The Malaysian new car market rebounded strongly in July 2024, with vehicle sales rising by 11 per cent compared to the same month last year, according to the Malaysian Automotive…
Anby AlcomendasAugust 21, 2024
Thailand is rolling out new incentives to boost joint venture (JV) investments between Thai and foreign companies in automotive parts manufacturing. The Thailand Board of Investment (BOI) hopes these measures…
Anby AlcomendasAugust 15, 2024
The electric vehicle (EV) market in Southeast Asian countries is poised for significant growth, according to a recent report by Maybank Investment Bank Research. Several factors drive this growth, including…
Anby AlcomendasAugust 7, 2024
Thailand has recently introduced a new tariff-free package for hybrid cars manufactured in the country. According to the Board of Investment (BOI), the government will reduce excise taxes for hybrid…
Anby AlcomendasJuly 31, 2024
Singapore has recently announced that it will cease registering new diesel cars and taxis starting from 1 January 2025. This ban comes five years before all new cars and taxis…
Anby AlcomendasJuly 25, 2024
