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Thai FPI Q2 2025 overseas update: India grows modestly, Saudi plant progresses
Thai FPI Q2 2025 overseas update: India grows modestly, Saudi plant progresses Reported on August 18, 2025, Thailand-based Fortune Parts Industry PCL (FPI) shared its Q2 2025 overseas business performance. (i) FPI Auto Parts India recorded revenue of THB 48.3 million, slightly up from THB 48.0 million in Q2 2024, reflecting a transitional quarter as several vehicle models reached the end of their life cycles. The firm remains confident in grow...
News Updated at: 2025/08/22
Thai FPI Q2 2025 revenue down YoY amid domestic slowdown; Exports, EVs drive resilience
Thai FPI Q2 2025 revenue down YoY amid domestic slowdown; Exports, EVs drive resilience Reported on August 18, 2025, Thailand-based Fortune Parts Industry PCL (FPI) posted Q2 2025 operating revenue of THB 659 million, down 2.6% YoY, mainly due to weaker domestic sales amid a slowing economy. Net profit fell 38.1% to THB 64 million, impacted by higher foreign exchange losses. The domestic subsidiary returned to profitability, and overseas losses a...
News Updated at: 2025/08/22
Toyota Thailand launches new Yaris Ativ HEV, opens online pre-booking for updated bZ4X EV
Toyota Thailand launches new Yaris Ativ HEV, opens online pre-booking for updated bZ4X EV On August 21, 2025, Toyota Motor Thailand introduced the new Yaris Ativ HEV, bringing hybrid efficiency to its popular subcompact sedan. Offered in two variants, HEV Premium and HEV GR Sport, the HEV Premium combines a 1.5-liter 4-cylinder hybrid engine paired with a Lithium-ion battery and an E-CVT automatic transmission, delivering 111 hp and class-leading...
News Updated at: 2025/08/21
All-new Jaecoo 5 EV launched in Thailand
All-new Jaecoo 5 EV launched in Thailand On August 19, 2025, the all-new Jaecoo 5 EV was officially launched in Thailand. Available in two variants, Long Range Dynamic and Long Range Max, the model is offered at special early-bird prices starting from THB 549,000 and THB 599,000 respectively. Designed to handle both urban roads and light off-road conditions, the Jaecoo 5 EV combines practicality with performance. The SUV measures 4,380 mm in leng...
News Updated at: 2025/08/20
U Power, SAIC Hongyan, UNEX EV partner on battery-swapping e-heavy trucks in Thailand and beyond
U Power, SAIC Hongyan, UNEX EV partner on battery-swapping e-heavy trucks in Thailand and beyond Announced on August 18, 2025, U Power Limited has signed a Memorandum of Understanding (MoU) with SAIC Hongyan and UNEX EV to deploy battery-swapping compatible electric heavy trucks in Thailand, initially targeting 3,000 long-haul tractors and 1,200 port-specific trucks. U Power will lead the development and manufacture of battery-swapping stations, ...
News Updated at: 2025/08/19
MinebeaMitsumi raises tender offer price for shares of Shibaura Electronics
eo is also pushing forward with the establishment of ties with Shibaura Electronics. It was announced on August 14 that Shibaura Electronics’ management plans to visit Yageo’s plant in Kaohsiung in the south of Taiwan on August 19. In September, Yageo will visit Shibaura Electronics’ plant in Thailand. (From an article in the Nikkan Jidosha Shimbun on August 19, 2025)...
News Updated at: 2025/08/19
Chery debuts in Thai market; Pre-bookings open for V23 EV and TIGGO 8 CSH PHEV
s, the all-electric V23 and the TIGGO 8 CSH, with an exclusive THB 10,000 launch incentive. The V23 is a compact urban EV with a bold, boxy profile and refined interior, while the TIGGO 8 CSH is a premium seven-seat SUV powered by Chery’s proprietary Super Hybrid plug-in system. (From Chery Motor Thailand social media updates and an article of Bangkok Post)...
News Updated at: 2025/08/18
Honda launches Thailand’s first immersive experience center “The M.O.V.E.”
Honda launches Thailand’s first immersive experience center “The M.O.V.E.” On August 14, 2025, Asian Honda Motor Co., Ltd., Thai Honda Co., Ltd., and Honda Automobile (Thailand) Co., Ltd. officially announced the launch of “The M.O.V.E. by Honda”, the brand’s first immersive experience center in central Bangkok. Open from August 15, 2025, to November 30, 2026, at EMSPHERE Shopping Mall, the center offers a multi-sensory journey under ...
News Updated at: 2025/08/18
BYD Zhengzhou vessel marks first ASEAN trip, to accelerate EV deliveries in Malaysia
Sime Motors reported the arrival of the BYD Zhengzhou, a carrier transporting fully-built vehicles, at North Port, Port Klang on August 5. The 7,000-unit roll-on/roll-off (RORO) vessel, making its first Southeast Asia journey, also delivers to the Philippines, Indonesia, and Singapore, stopping in Thailand before returning to China. As the seventh vessel in BYD’s purpose-built fleet, BYD Zhengzhou demonstrates the company’s robust logistics ...
News Updated at: 2025/08/18
GAC launches M8 PHEV MPV in Thailand
GAC launches M8 PHEV MPV in Thailand On August 8, 2025, AION Automobile Sales (Thailand) Co., Ltd. officially launched the GAC M8 PHEV, a 7-seat luxury plug-in hybrid MPV, in Thailand. Prices start at THB 2,499,000. The M8 PHEV comes with the 2.0T engine that delivers power of 140 kW and 330 Nm of torque, paired with 134 kW electric motor. Power is transmitted through GAC’s GMC400 hybrid transmission. This MPV provides a WLTC combined driving r...
News Updated at: 2025/08/14
MGC-ASIA considers building EV assembly plant in Thailand
MGC-ASIA considers building EV assembly plant in Thailand Reported on August 9, 2025, Millennium Group Corporation (Asia) PCL (MGC-ASIA) is exploring the feasibility of establishing an EV assembly plant in Thailand, potentially under the XPeng brand, for which it holds marketing and distribution rights. The decision will depend on market demand and sales volumes sufficient to justify the investment. The move follows MGC-ASIA’s acquisition of a ...
News Updated at: 2025/08/13
BYD to start exporting PHEVs manufactured at Rayong plant to Europe in late August
BYD to start exporting PHEVs manufactured at Rayong plant to Europe in late August Reported on August 10, 2025, BYD plans to begin exporting PHEVs produced at its Rayong plant in Thailand to Europe at the end of August 2025. The shipment will be carried by the company’s newest roll-on/roll-off vessel, BYD Zhengzhou, which arrived at Laem Chabang Port in Chon Buri on August 9, 2025, delivering 300 BYD Sealion 7 SUVs from China. The Zhengzhou wil...
News Updated at: 2025/08/13
BYD launches Seal 5 DM-i PHEV in Thailand
BYD launches Seal 5 DM-i PHEV in Thailand Reported on August 9, 2025, Rever Automotive - BYD launched the BYD Seal 5 DM-i Super Hybrid in Thailand with an early bird price of THB 699,900 (full price THB 769,900) available from August 8 until September 30, 2025. This is Thailand's first mid-size sedan powered by a plug-in hybrid (PHEV) and the world's first right-hand drive version, produced at BYD's plant in Rayong. The premium model comes with D...
News Updated at: 2025/08/13
Toyoda Gosei to turn Ashimori Industry into wholly-owned subsidiary
holly-owned subsidiary, Toyoda Gosei is aiming to maximize the effect of integration in the Safety Systems business, which deals with airbags and other products, and make the Functional Components business grow further. Toyoda Gosei will also strengthen its production and supply system globally. In Thailand, India, and Mexico, both companies’ plants are near to each other. By eliminating such duplicate functions, Toyoda Gosei will establish an ...
News Updated at: 2025/08/13
DP World expands automotive logistics capacity at Jebel Ali Port, UAE
t can handle up to three roll-on/roll-off (RoRo) vessels simultaneously. The announcement comes amid strong growth in vehicle volumes. In the first half of 2025, Jebel Ali handled 545,000 vehicles at the port, up 28% year-on-year. Imports accounted for 65% of the total, primarily from China, Japan, Thailand, India, and South Korea. Based on DP World press release ...
News Updated at: 2025/08/11
Yongjin, China building THB 4.5 billion Thai plant for automotive stainless steel
Yongjin, China building THB 4.5 billion Thai plant for automotive stainless steel Announced on August 4, 2025, Yongjin Metal Technology (Thailand) Co., Ltd. broke ground on its new plant at WHA Eastern Seaboard Industrial Estate 3 (Chonburi), investing over THB 4.5 billion on a 179,000 sqm site. The project reflects the group’s confidence in Thailand as a key regional manufacturing base. Part of China’s top 500 private enterprises, Yongjin sp...
News Updated at: 2025/08/11
NSTDA, KMUTNB collaborate to strengthen Thailand’s EV industry and technician training
NSTDA, KMUTNB collaborate to strengthen Thailand’s EV industry and technician training On August 5, 2025, the National Science and Technology Development Agency (NSTDA), through the Thailand Electric Vehicle Excellence Center (TECE) signed a Memorandum of Understanding (MoU) with King Mongkut's University of Technology North Bangkok (KMUTNB) to collaborate on research and development in electric vehicle (EV) technology, skills development, and ...
News Updated at: 2025/08/08
Toyota reportedly turns to Chinese suppliers in Thailand to cut EV production costs
Toyota reportedly turns to Chinese suppliers in Thailand to cut EV production costs Reported on August 4, 2025, Toyota is reportedly shifting its Southeast Asia strategy by sourcing parts from Chinese suppliers in Thailand to cut EV production costs and counter growing competition from brands such as BYD. According to Nikkei Asia, Toyota has begun expanding procurement from Chinese firms, including a joint venture established in January between T...
News Updated at: 2025/08/07
Thai authorities intensify inspections amid substandard tire safety concerns
Thai authorities intensify inspections amid substandard tire safety concerns Announced on August 6, 2025, Thailand’s Ministry of Industry has ordered comprehensive inspections of all tire manufacturers and retailers nationwide following reports of widespread illegal sales of degraded, substandard tires that pose significant risks to public safety. This issue also undermines consumer confidence, economic stability, and the country’s investment...
News Updated at: 2025/08/07
IEAT orders closure of Prinx Chengshan Tire Thailand plant over illegal tires and hazardous waste
IEAT orders closure of Prinx Chengshan Tire Thailand plant over illegal tires and hazardous waste Reported on August 6, 2025, the Industrial Estate Authority of Thailand (IEAT) ordered the shutdown of Prinx Chengshan Tire (Thailand) on July 31. The company, based in WHA Eastern Seaboard Industrial Estate 3, Chon Buri, was cited for repeated violations of product standards and industrial waste regulations. Prinx Chengshan was found producing car a...
News Updated at: 2025/08/07