Wuling starts delivering Thai-assembled Binguo EV, equipped with locally-made battery Announced on June 14, 2025, Wuling Thailand has officially begun deliveries of the Thai-assembled Wuling Binguo EV to its dealers. The vehicle supports the globally recognized CCS2 charging standard, ensuring convenient use across public charging stations in Thailand.  It is also equipped with high-quality batteries manufactured in Thailand by NV Gotion Co., Lt...

News  Updated at: 2025/06/18

Escalating EV price war prompts Thailand to review import-offset regulations Reported on June 16, 2025, Thailand’s Finance Ministry and the Board of Investment (BOI) are reportedly reviewing domestic production requirements under the EV subsidy scheme to address market oversupply, intensifying price wars, and broader challenges facing the EV industry. Under current rules, EV manufacturers receiving government subsidies for imported EVs must est...

News  Updated at: 2025/06/17

GlobalData blog: Thailand’s automotive market faces critical challenges amidst shifting regional landscape Thailand’s position in the ASEAN automotive landscape is facing increasing pressure as regional dynamics shift. The country experienced a staggering 26% YoY decline in Light Vehicle (LV) sales in 2024, and the outlook for 2025 remains bleak, with a further contraction of 7% YoY experienced in Q1 compared to an already depressed base duri...

News  Updated at: 2025/06/12

Suzuki Thailand plans to launch Indonesia-made Fronx and India-made e Vitara in 2025 Reported on June 6, 2025, Suzuki Motor (Thailand) has confirmed plans to import the Suzuki e Vitara, the brand’s first fully electric SUV, manufactured in India, and set to launch in Thailand in Q4 2025. Maruti Suzuki’s Gujarat plant is positioned as a key export hub for markets including ASEAN, Europe, and Japan. Based on the eVX concept showcased at the 20...

News  Updated at: 2025/06/11

Mitsubishi XFORCE HEV registers strong demand, exceeds booking target in Thailand On June 9, 2025, Mitsubishi Motors Thailand announced that the all-new XFORCE HEV has received an outstanding response from customers nationwide following its local media launch on March 20. Bookings exceeded 4,000 units ahead of the model’s full official launch in June, surpassing the company’s initial target of 3,000 units. Delivery of the first batch of XFORC...

News  Updated at: 2025/06/10

BOI actively propels Thailand’s role as ASEAN’s auto and electrified vehicle hub Announced on June 9, 2025, the Board of Investment (BOI) is actively driving investments to maintain Thailand’s position as ASEAN’s top automotive hub amid global shifts. The focus includes all electrified vehicle technologies (HEV, PHEV, REEV, BEV) and collaboration with key agencies. Global automakers like BYD, MG, GWM, Changan, and Hyundai have set up regi...

News  Updated at: 2025/06/10

y, a top speed of 75 km/h, and a range of up to 80 km per charge. Safety features include a CBS braking system and dual shock absorbers. The model is now available at a special price of THB 45,740, reduced from THB 65,000. At the launch, EM Motor positioned the Legend Pro as a key step in advancing Thailand’s e-mobility standards. The company also introduced its long-term EM Ecosystem strategy, covering in-house battery production using cell-to...

News  Updated at: 2025/06/10

GAC announces arrival of AION UT EVs in Thailand; Official launch set for June 24 Announced on June 7, 2025, GAC, a leading new energy vehicle (NEV) brand from China, has announced the arrival of the first batch of the AION UT EVs in Thailand, ahead of the model’s official launch on June 24, 2025. First showcased in Thailand at the Bangkok International Motor Show 2025 (BIMS), the AION UT garnered an enthusiastic reception, securing over 4,568...

News  Updated at: 2025/06/09

Thai Minister lists key steps to Net Zero and EV leadership at EARTH JUMP 2025 event Announced on June 1, 2025, Thailand’s Industry Minister, at the EARTH JUMP 2025: Transition Turbulence event hosted in Bangkok by Kasikornbank on May 29, outlined strategic initiatives to drive the country toward net-zero emissions and position Thailand as a regional leader in electric vehicles (EVs). Key measures include the nationwide enforcement of Euro 5 st...

News  Updated at: 2025/06/06

Dubai’s 36th overseas office opens in Bangkok to boost UAE – Thailand trade and investment Announced on June 1, 2025, the Dubai International Chamber has opened its 36th international office in Bangkok to enhance UAE-Thailand trade, investment, and cooperation. As part of the "New Horizons" initiative under the "Dubai Global" plan to establish 50 overseas offices by 2030, the Bangkok office will provide market insights, matchmaking, regulator...

News  Updated at: 2025/06/06

Thailand’s MPI rises in April 2025 on automotive market recovery Reported on May 31, 2025, the Office of Industrial Economics (OIE) noted that Thailand’s Manufacturing Production Index (MPI) rose by over 2% YoY to 92.3 points in April, driven primarily by a recovery in the automotive sector. The OIE’s director-general noted that automakers accelerated production following strong bookings during the 2025 Bangkok International Motor Show, hel...

News  Updated at: 2025/06/06

Thai PJW stays resilient amid headwinds, auto sector drives growth Reported on May 30, 2025, Thailand’s SET-listed Panjawattana Plastics Plc (PJW) anticipates its 2025 performance will align with that of 2023, driven by stable demand for its core products, especially in the automotive sector, and emerging business opportunities. Despite sluggish economic conditions and delayed government spending in 2024, PJW managed to maintain a solid financi...

News  Updated at: 2025/06/05

al Steel’s new shares by way of third-party allotment. Aichi Steel’s stake will increase from the current 11% to 24%, which will make the Indian company its equity-method affiliate company. The investment amount has not been disclosed. Vardhman Special Steel currently supplies steel material to Thailand, Indonesia, and the Philippines, in addition to Japanese automakers in India. With this additional investment as an opportunity, Aichi Steel ...

News  Updated at: 2025/06/05

Thai BOI to launch 2025 international roadshow, eyeing EV and semiconductor growth Reported on June 1, 2025, Thailand's Board of Investment (BOI) will launch an international roadshow to attract foreign investment in key industries, focusing on digital technology and semiconductors. The campaign will visit Taiwan in June, Japan in August, and the U.S. in September, where BOI will resume discussions with major investors, particularly in the semic...

News  Updated at: 2025/06/04

e of its certification misconduct. However, the April 2025 production volume was affected by suspended production at some plants of Suzuki Motor Corporation and Daihatsu Motor Co., Ltd. due to an explosion that occurred at Chuo Spring Co., Ltd.’ plant. The production volume declined in China, and Thailand, whose market continued to be sluggish. The eight automakers’ global automotive sales volume increased by 3.8% y/y to 1,961,340 units for t...

News  Updated at: 2025/05/30

April vehicle sales in Thailand up 1.0%, production down 0.4% (detailed report) According to the Federation of Thai Industries (FTI), April vehicle sales in Thailand increased 1.0% year over year to 47,193 units. In the first 4 months of 2025, vehicle sales were 200,386 units, a decline of 4.8% YoY.  According to the FTI, the modest YoY increase was mainly driven by stronger electric passenger car sales. However, pickup truck sales continued to ...

News  Updated at: 2025/05/29

erational efficiency, improve product quality, and strengthen the supply chain, particularly to better serve key customer industries such as automotive, home appliances, and office equipment. Established in 1990 as joint ventures between Japan’s JFE Steel and Marubeni-Itochu Steel, together with Thailand-based Sahaviriya Steel Industries, both companies have played significant roles in the development of Thailand’s steel industry. According ...

News  Updated at: 2025/05/29

MobilityTech Asia – Bangkok 2025 to take place from July 2 to 4 in Thailand Announced on May 27, 2025, a press conference was held in Bangkok to officially introduce MobilityTech Asia – Bangkok 2025 (MTAB) and iEVTech 2025. The event, themed “Shaping the Regional Innovation Hub for Sustainable Mobility,” will take place from July 2 to 4. Formerly known as Electric Vehicle Asia, MTAB 2025 is a comprehensive platform showcasing the latest a...

News  Updated at: 2025/05/28

TAI joins forces in tripartite agreement to boost Thailand-China EV industry ties Announced on May 27, 2025, the Thailand Automotive Institute (TAI), the China Automotive Engineering Research Institute (CAERI), and C.C.I.C. (Thailand) Co., Ltd. have recently signed a tripartite Memorandum of Understanding (MoU) in Chongqing, China. The agreement aims to leverage CAERI’s technical expertise to implement new technologies and establish standardize...

News  Updated at: 2025/05/28

Inoue Rubber Thailand anticipates 5% revenue growth in 2025 Reported on May 26, 2025, SET-listed Inoue Rubber Thailand expects a 5% revenue increase in 2025, driven by rising demand for premium motorcycle tires during the 90-day suspension of U.S. reciprocal tariffs. The tariff, initially set for April 9, was delayed, prompting buyers to stockpile products ahead of its expected enforcement in early July. The U.S. remains Thailand’s largest tire...

News  Updated at: 2025/05/28