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
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
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…
Anby AlcomendasJuly 17, 2024
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…
Anby AlcomendasJuly 10, 2024
Southeast Asia Global Automotive Outlook: Key Insights and Trends Presented at the APAC Fleet Summit
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…
Monalisa MarinJuly 3, 2024
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
