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…
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…
Vietnam’s car market is expected to rebound in the last months of 2024, thanks to a proposed 50 percent cut in registration fees for locally made and assembled vehicles. If…
Singapore has seen a remarkable uptick in electric vehicle (EV) adoption, with one in three cars sold now being electric, revealed Minister for Transport Chee Hong Tat. This significant milestone…
Overview On 13th June 2024, Frost & Sullivan presented a comprehensive analysis of the global automotive market during the 2024 APAC Fleet Summit in Bangkok, highlighting transformative trends and their…
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…
KUALA LUMPUR – The Malaysian Automotive Association (MAA) recently announced that it is maintaining its vehicle sales forecast for this year. This comes amid the recent changes to the diesel…
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)…
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…
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…