GlobalData blog: BYD Auto’s fast growth in the ASEAN-5 region, reasons and challenges The Chinese brands accounted for 3.4% of ASEAN Light Vehicle (LV) sales in 2021-22. This share accelerated to 4.9% in 2023 and 5.9% in the first half of 2024. SAIC Group was the largest among the Chinese groups in the region. Despite SAIC expanding its model line-up and presence in all ASEAN-5 markets, the group’s market share dropped from 2.5% in 2021 to 2....

News  Updated at: 2024/08/23

BYD Thailand offers 1-year free EV charging following aggressive discounting controversy Reported on July 31, 2024, Rever Automotive will offer 1-year of free EV charging to its previous buyers of around 50,000 BYD cars in Thailand, available from August 1, according to the Thai Prime Minister’s Office Minister. Rever Automotive was harshly criticized after slashing prices of the BYD Dolphin and the Atto. According to the minister who has recen...

News  Updated at: 2024/08/05

BYD officially inaugurates Thailand plant, starts local production of BYD Dolphin On July 4, 2024, BYD celebrated the grand inauguration of its Thailand plant. Located in WHA Industrial Estate, Rayong Province, the plant already saw its first model roll off the production line, namely BYD Dolphin. This marked BYD's 8 millionth new energy vehicle rolled off the production line globally.  The facility is worth USD 490 million. It will employ aroun...

News  Updated at: 2024/07/04

January vehicle sales in Thailand down 16.4%, production down 12.5% (detailed report) According to the Federation of Thai Industries (FTI), January vehicle sales in Thailand decreased 16.4% year over year to 54,814 units. The decline followed semiconductor shortage issue that caused delays in the delivery of some car models. While sales of passenger cars in January saw a YoY growth, sales of pure pickups noted around 43.5% drop following a string...

News  Updated at: 2024/02/27

November vehicle sales in Thailand down 9.8%, production down 14.1% (detailed report) According to the Federation of Thai Industries (FTI), November vehicle sales in Thailand decreased 9.8% year over year (YoY) to 61,621 units from the same period in 2022, mainly due to the strictness in auto loan approval process of financial institutions, especially on the pickup trucks. In November 2023, sales of passenger cars increased YoY, but sales of pure...

News  Updated at: 2023/12/22

October vehicle sales in Thailand down 8.8%, production down 7.0% (detailed report) According to the Federation of Thai Industries (FTI), October vehicle sales in Thailand decreased 8.8% year over year (YoY) to 58,963 units from the same period in 2022. Sales in January-October 2023 reached 645,833 units, slid 7.5% from the same period in 2022 . According to the FTI, the strictness in auto loan approval process of financial institutions remains a...

News  Updated at: 2023/11/28

BYD Dolphin EV to be sold in Right-Hand-Drive version for first time in Thailand; deliveries to start in July On March 21, 2023, Rever Automotive Company Limited, at the 44th Bangkok International Motor Show, announced the launch of BYD Dolphin EV in Thailand. Its purchase orders will be available from March 22 and deliveries will begin in July. Thailand will be the first country in the world to accept purchase orders for right-hand-drive BYD Dol...

News  Updated at: 2023/03/24

44th Bangkok International Motor Show under "Colorful Experience" concept held from March 22 - April 2, 2023 From March 22 - April 2, 2023, Thailand's 44th Bangkok International Motor Show (44th BIMS), occupying an exhibition space of over 170,960 square meters, was held under the theme concept of "Colorful Experience" to reflect a variety of experiences through the endless development of automotive technology, especially the coming of EVs. ...

News  Updated at: 2023/03/21

LMC Automotive blog: Asia-China, Tesla and BYD coming in hot BYD has recently been making headlines with global expansion plans and aggressive activities in the electrified vehicle space, including successful new vehicles, such as the Han, Qin Plus and Dolphin Cars, and the Yuan Plus and Song SUVs. The brand debuted in Thailand and began taking orders for the Atto 3 SUV in November 2022. BYD reportedly received 10,000 orders for the model, reachi...

News  Updated at: 2022/12/23

BYD and Rever Automotive showcase 7 NEV models at 39th Thailand International Motor Expo Announced on November 30, 2022, BYD and Rêver Automotive Co., Ltd., as they joined Thailand International Motor Expo for the first-time ever, brought the parade of BYD’s NEV models to the 1,849 sqm-booth, which is the largest display area in the exhibition hall. In addition to its BYD ATTO 3 premium electric SUV which recently made its launch in Thailand i...

News  Updated at: 2022/12/02

BYD launches the battery electric compact SUV Yuan Plus in Mongolia On October 18, BYD announced on its official WeChat account that its battery electric compact SUV, Yuan PLUS (ATTO 3), has officially been launched in Mongolia. BYD entered the Mongolian passenger vehicle market in 2020, and has afterwards introduced several battery electric models including the T3, the Tang EV, the Han EV and the Dolphin. Currently, BYD's market shares of New En...

News  Updated at: 2022/10/20

BYD reportedly setting up RHD EV plant in Thailand for export and local sales, Dolphin EV as first model Reported on April 13, 2022, Chinese EV giant BYD is reportedly launching its brand in Thailand in June 2022 with its local partner set to be a group of investors led by the 3rd generation heir of Siam Motors Group, an old name in the local car industry associated with Nissan in Thailand. With the expected company name BYD Automobile Thailand, ...

News  Updated at: 2022/04/18