(Radar Shandong) and Radar Automobile Sales (Shandong) Co., Ltd. (Radar Sales) for CNY 159,000,000 and CNY 59,000,000, respectively. -          Centurion Industries Limited (CIL) and Geely Auto International Limited (GAIL) will acquire the entire issued share capital of Riddara Automobile (Thailand) Company Limited (Radar Thailand) for CNY 490,000. Upon completion of the transactions, Radar Shandong, Radar Sales, and Radar Thailand will ...

News  Updated at: 2026/05/21

Volvo EX30 BEV sales halted in Thailand; govt seeks explanation over fires Reported on May 21, 2026, Volvo Car Thailand suspended sales of the EX30 BEV following a series of fires linked to battery overheating concerns. Thailand’s Consumer Protection Board summoned the company to explain the recall timeline for 1,668 EX30 units, compensation measures for affected owners, and the cause of the fires. A total of 45 customers filed complaints with ...

News  Updated at: 2026/05/21

Thailand defends auto supply chain standards during USTR talks held in U.S. Reported on May 19, 2026, Thailand rejected U.S. concerns that its automotive and auto parts sectors have excess production capacity. During Section 301 discussions with the U.S. Trade Representative (USTR) held from May 13–14 in the United States, Thai officials said production and investment decisions are driven by private-sector demand and market conditions rather th...

News  Updated at: 2026/05/21

ar ago, reflecting higher inflation and other costs this year. Goodyear's CFO Christina Zamarro said the company could experience a USD 420 million loss for full year 2026 because of inflation costs and tariffs, including on rubber. In March, the Office of the U.S. Trade Representative claimed that Thailand's "trade surplus in sectors such as … rubber" was grounds for higher tariffs on those imports under Section 301, a situation that will be d...

News  Updated at: 2026/05/21

FTI reports drop in Thailand April industrial confidence; Auto and parts sector faces cost pressure Announced on May 20, 2026, Thailand’s Industrial Confidence Index fell to 85.3 in April 2026 from 88.6 in March, according to the Federation of Thai Industries, amid weaker production activity, higher energy costs, and rising logistics expenses. Energy and logistics costs remain important transmission channel affecting manufacturing sectors, incl...

News  Updated at: 2026/05/20

China Resources’ EVIVA launches EV charging station in Bangkok with BOI participation On May 19, 2026, the Deputy Secretary General of Thailand’s BOI attended the opening ceremony of an EV charging station launched by EVIVA, part of China Resources Co., Ltd., at All Seasons Place in Bangkok. The new charging station, EVIVA’s first flagship ultra-fast charging station in Thailand, represents another step in private-sector efforts to encourag...

News  Updated at: 2026/05/20

cts of acquiring the manufacturing business for automotive exterior resin parts, such as back doors and bumpers, from Resonac Holdings Corporation (Resonac HD). Moriroku acquired the automotive resin parts business previously operated by Resonac Corporation, a subsidiary of Resonac HD, in Japan and Thailand, effective April 1. The acquisition price was JPY 17.2 billion. Moriroku's consolidated financial results for the fiscal year ended March 202...

News  Updated at: 2026/05/20

at it has been selected as the strategic LiDAR partner and confirmed supplier for Mercedes-Benz models, enabling Level 3 autonomous driving. The new supply agreement supports Mercedes-Benz programs in Europe and China, with LiDAR production supported by Hesai’s new Galileo manufacturing center in Thailand. Hesai ATX LiDAR was also selected for GAC Toyota's 2026 bZ3X model, marking Hesai’s first entry into the Japanese automotive ecosystem. It...

News  Updated at: 2026/05/19

Thai EA reports 274% surge in EV segment revenue in Q1 2026 Announced on May 14, 2026, Thailand’s SET-listed Energy Absolute Public Company Limited (EA) and its subsidiaries reported net profit attributable to owners of the parent (excluding significant non-cash items) of THB 500.55 million in Q1 2026, a decline of 27.7% YoY. The Group recorded total revenue of THB 3,328.75 million, a decrease of 5.1% YoY. The Group’s EV segment recorded stro...

News  Updated at: 2026/05/18

Finland-based Kempower eyes Thailand EV fast-charging market Reported on May 15, 2026, Kempower is accelerating its presence in Thailand as demand grows for high-speed EV charging infrastructure across both public and commercial transport networks. The Finland-based firm develops modular DC fast chargers designed for high-efficiency deployment in sectors including buses, trucks, passenger vehicles, and marine applications. Thailand has emerged as...

News  Updated at: 2026/05/18

EVAT and other associations outline 8 proposals for Thailand’s EV transition to safeguard local production Reported on May 14, 2026, the Electric Vehicle Association of Thailand (EVAT) and nine other Thai automotive and parts industry groups issued a joint statement calling for urgent measures to support Thailand’s automotive sector during the transition to electric vehicles. The groups warned that rising imports of fully built Chinese EVs un...

News  Updated at: 2026/05/18

BYD, Bosch, Autoliv, EVAT, BULLETRUX, Isuzu discuss Thailand’s smart mobility Announced on May 14, 2026, during a BOI Symposium panel, global automakers and suppliers highlighted Thailand’s growing importance in next-generation mobility, backed by its manufacturing base and government support policies. Executives from BYD, Isuzu, Bosch, Autoliv, the Electric Vehicle Association of Thailand (EVAT), BULLETRUX, and others discussed how electrifi...

News  Updated at: 2026/05/15

BOI Symposium highlights Thailand’s role in global EV shift; EV-related investment tops THB 180 billion On May 13, 2026, the BOI Symposium, held alongside SUBCON Thailand 2026, focused on smart and green mobility and brought together EV-related players from China, Japan, and Europe. Thailand’s Board of Investment (BOI) reiterated its goal of positioning Thailand as a regional hub for future mobility, supported by over THB 180 billion in EV-re...

News  Updated at: 2026/05/15

nctions such as Downhill Assist Control (DAC), Hill Start Assist Control (HAC) and an electric rear differential lock. This vehicle comes with Toyota Safety Sense, an active safety package including the Pre-collision Safety System and Lane Departure Alert. The all-new FJ is produced at Toyota Motor Thailand’s Ban Pho Plant. In Japan, it will be offered only in the 5-seater, part-time 4WD VX grade, with prices starting from JPY 4,500,100. Toyota...

News  Updated at: 2026/05/14

preparing to ask the Thai government to raise excise duties on completely imported electric vehicles to at least 32%, widening the gap with locally produced EVs. The proposals primarily reflect concerns about Chinese EV manufacturers. The proposal, coordinated by the Electric Vehicle Association of Thailand (EVAT) and the Thai Auto-Parts Manufacturers Association (TAPMA), is scheduled to be submitted on May 14. The industry groups said Thailand...

News  Updated at: 2026/05/14

Thailand’s proposed EV-linked trade-in scheme remains under review amid possible revisions Reported on May 11, 2026, the Thai Finance Ministry said the proposed “old cars for new cars” trade-in scheme may be revised or replaced as the Excise Department continues reviewing the proposal. Differences in vehicle condition among cars of the same age have made standardized valuation difficult, while case-by-case assessments could lead to disputes...

News  Updated at: 2026/05/14

f 100,000 units in Japan by leveraging the strength of our product lineup. In overseas markets, the company aims to increase unit sales primarily in North America, despite the impact of the situation in the Middle East. As for LCV sales, unit sales are expected to remain at the FY2025 level in both Thailand and export markets given the situation in the Middle East. The company raised its full-year earnings forecast for FY2026; it expects revenue ...

News  Updated at: 2026/05/13

Future Mobility Thailand 2026 opens in Bangkok Announced on May 13, 2026, Future Mobility Thailand 2026 officially opened at BITEC Bangkok and will run through May 15.  Held alongside TyreXpo Asia Bangkok & AutoMROtive 2026, the exhibition is organized by the Thai Auto Parts Manufacturers Association (TAPMA) and Informa Markets to support Thailand’s ambitions of becoming a regional hub for EVs, advanced automotive technologies, aftermarket ser...

News  Updated at: 2026/05/13

Thailand-assembled JAECOO 5 EV MAX+ to begin deliveries in May, targeting 6,000 units by June Announced on May 11, 2026, the JAECOO 5 EV remained Thailand’s top EV by vehicle registrations for six consecutive months, from November 2025 to April 2026, underscoring strong market demand.  The company said all imported (CBU) JAECOO 5 EV units have been fully delivered following robust customer response. Omoda & Jaecoo Thailand is now preparing to ...

News  Updated at: 2026/05/12

GWM Thailand officially begins ORA 5 production, targeting 5,000 initial deliveries from May 2026 Announced on May 6, 2026, GWM has officially begun production of the ORA 5 at its Smart Factory in Rayong, Thailand, under the GWM ONE Platform, introducing a new model built on the company’s multi-powertrain architecture. Initial deliveries will begin in May 2026, covering around 5,000 units from Bangkok Motor Show 2026 bookings, with subsequent o...

News  Updated at: 2026/05/08