ok International Motor Show in March 2025) The Thai government has set a policy of making electric vehicles (EVs) account for 30% of domestic automobile production by 2030 and has been expanding EV production, but EV sales have been slowing down since around mid-2024. Conversely, the demand for hybrid vehicles (HVs) has been expanding. The Thai government decided to implement tax incentives for HVs in July 2024, stating that until the powertr...

Market & Tech Reports  Updated at: 2025/05/12

in Mexico. This means that one in five vehicles sold in Mexico in 2024 was produced in China.   By brand, SAIC-GM had the largest number of vehicles, at 132,000 units, accounting for 43.5% of imported vehicles from China in 2024, followed by SAIC Motor Corporation Limited (SAIC Motor), which sells MG brand vehicles, at 19.9%, Chery Automobile, which has brands such as Chery and Omoda, at 9.9%, and Hyundai Group's Kia brand at 9.0%.   The United...

Market & Tech Reports  Updated at: 2025/04/30

c engine 28% 1% 29% Passenger vehicles (diesel) <4m in length and <1500cc engine 28% 3% 31% Mid-size PVs (>4m in length with <1501cc engine) 28% 17% 45% Large PVs (>4m in length with >1500cc engine) 28% 20% 48% SUVs (>4m in length with >1500cc engine & >169mm ground clearance) 28% 22% 50% Hybrid electric vehicles - HEVs (except small) 28% 15% 43% (Data Source - Society of Indian Automobile Manufacturers (SIAM), Indian government)   ...

Market & Tech Reports  Updated at: 2024/12/23

a KD plant in Pakistan. It has also established more than 100 parts production/R&D sites and a sales/service network of more than 2,800 outlets (from SAIC’s official website in 2024). The company plans to launch 14 new smart EV global models by 2025. Building on the experience gained from the hit MG4 EV, the company plans to focus on research and development of global models, eventually covering more than 100 countries and regions worldwide.  ...

Market & Tech Reports  Updated at: 2024/12/20

New Diversity in Hybrid Powertrains Hybrid options in Europe; serial-parallel hybrids widespread in China Summary Introduction TYPES OF PARALLEL HYBRIDS NEW PARALLEL HYBRIDS MORE DHTS ON THE MARKET CHINESE MANUFACTURERS PUSHING INTO EUROPE EUROPE PURSUING VARIOUS STRATEGIES WHICH SYSTEM WILL PREVAIL?   This report contains a Spotlight article from Springer's automotive technical magazine "ATZ" www.atz-magazine.com. and "MTZ" www.mtz-magazine.com...

Market & Tech Reports  Updated at: 2024/10/03

NEVs in 2025; semi-solid-state batteries to be installed in 2024 Intelligent technologies: Accelerate implementation of automated driving commercialization, promote IM Motors’ AI for Mobility strategy Internationalization: Targeting sales of over 1.2 million units outside China in 2023 and global MG sales of 1 million units in 2024 SAIC Group sales volume in China (factory shipment volume) GlobalData Sales Forecast: SAIC Group’s light vehicle...

Market & Tech Reports  Updated at: 2024/03/25

rew 54.4% year-over-year (y/y) to 3,111,000 units. Of this total, passenger car exports grew 56.7% y/y to 2,529,000 units, while commercial vehicle exports were 582,000 units, an increase of 44.9% over the previous year. Exports of NEVs (New Energy Vehicles: battery electric vehicles (BEV), plug-in hybrids (PHV), and fuel cell vehicles (FCV)) increased 2.2 times over 2021, to 679,000 units.   Sales by SAIC Motor Corporation Limited (SAIC Group) ...

Market & Tech Reports  Updated at: 2023/06/19

SAIC: Cultivating Global Markets, Focusing on Hydrogen Fuel Cell Vehicles MG's and Wuling's first global NEVs, SAIC GM invests CNY 70 B for EVs Summary Electrification/Connected: Promote industrialization of fuel cell vehicles and increase the proportion of NEV sales to 40% by 2025 Internationalization: China's top exporter of finished vehicles, further expanding overseas with BEV global models Own-brands: More than half of sales, focusing on bat...

Market & Tech Reports  Updated at: 2023/01/17

to invest in production of EVs and EV batteries in January 2020. Nissan The BOI approved the company’s plan to invest in EV production in March 2020.   Nissan: Starts production of Kicks e-Power SUV In May 2020, Nissan started production of the Kicks SUV equipped with the e-Power series-hybrid system in Thailand. The automaker had invested THB 10.96 billion to upgrade facilities at its Samutprakarn plant. It began exporting it to Japa...

Market & Tech Reports  Updated at: 2020/10/02

ed action among the members of the 19-party coalition.   In March 2017, the Thai government set up an incentive program for investment to build electrified vehicles to make the country a hub for production of such vehicles. The Bureau of Investment (BOI) of Thailand has approved four OEMs each for hybrid vehicle (HV) and plug-in hybrid vehicle (PHV) production and one OEM for electric vehicle (EV) production to offer investment privileges as of ...

Market & Tech Reports  Updated at: 2019/07/08

Thailand International Motor Expo 2018: Nissan Leaf and other EV models Toyota and Honda expand features on key sedans, with GM and others exhibiting pickup trucks and SUVs Summary EV models: Nissan LEAF, MG E-Motion, Hyundai KONA Electric Mid-size sedan: All-new Toyota Camry and Honda Accord Pickup trucks and SUVs: Mitsubishi, Subaru, GM, and Ford The theme of the Thailand International Motor Expo 2018 (period: November 29 to December 10, 2018;...

Market & Tech Reports  Updated at: 2018/12/18

ke the country a hub for production of electric vehicles (EVs) to attract foreign investments for high value-added and advanced industries and promote the use of green cars. In March 2017, the government approved investment incentives that exempt the manufacturers of electrified vehicles (including hybrids (HVs), plug-in hybrids (PHVs) and EVs) from corporate income taxes for a certain period. Toyota, Nissan, Honda, Mazda and Suzuki already appli...

Market & Tech Reports  Updated at: 2018/04/16

government also approved a tax incentive scheme for EV production in August. However, there have been no applicants as of October, and some experts and OEMs asked to review the direction and the timing of the policy. According to a media report in December, the Thai government will include plug-in-hybrid vehicles (PHVs) in new EV production incentives that are to be unveiled in the near future. Related Reports:Thailand Market Analysis: SUV marke...

Market & Tech Reports  Updated at: 2017/01/30

SAIC: Strategies for own-brand growth New Indonesian and Thai plants for Wuling and MG brand production Summary SAIC-GM-Wuling's Wuling / Baojun brand: Baojun MPVs and SUVs record strong sales SAIC's Roewe and MG: Aiming for a turnaround by launching new brand strategies and SUV models R&D strategy: developing new-energy vehicles and connected cars Overseas strategy: establishing new production plants in Indonesia and Thailand; jointly developing...

Market & Tech Reports  Updated at: 2016/02/22

0 E20 E85 E10/E20 E85/NGV Passenger vehicles ≦2,000 30 25 22 ≦3,000 ≦150 30 25 2,001-2,500 35 30 27 151-200 35 30 2,501-3,000 40 35 32 ＞200 40 35 ＞3,000 50 50 50 ＞3,000 ‐ 50 50 Eco cars ≦1,300(G)/≦1,400(D) 17 ≦1,300(G)/≦1,500(D) ≦100 14 12 101-120 17 17 EV/FC/Hybrid ≦3,000 10 ≦3,000 ≦100 10 101-150 20 151-200 25 ＞200 30 ＞3,000 50 ＞3,000 ‐ 50 PPV ≦3,250 20 ≦3,250 ≦200 25 ＞20...

Market & Tech Reports  Updated at: 2015/12/16

oject into execution.  Furthermore, the Thai government plans to enforce the new auto excise tax scheme starting in January 2016. Excise taxes will be levied according to the quantity of CO2 emissions instead of the engine displacement. Under the new system, tax rates will be lowered for eco-cars, hybrid vehicles, and E85 compatible cars. Eco-car project: requirements for first phase and second phase First phase Second phase Requirement fo...

Market & Tech Reports  Updated at: 2014/10/06

y subsidiary and by model Summary  SAIC Motor Corporation, Ltd. has set its 2015 sales target at over 6 million units. As of April 2104, the SAIC Group has capacities to produce 6 million vehicles per year. In order to achieve the target, SAIC will expand its own-brand business in China, including MG, Roewe, Wuling, BaoJun, Yuejin, and Maxus. Simultaneously, the company will promote export of own-brand cars, which has a significant room to expan...

Market & Tech Reports  Updated at: 2014/04/25

duled) 5 M-Benz A-Class, C-Class, E-Class, S-Class, M-Class 4 Tata Xenon Y.M.C. Assembly Co., Ltd. Yontrakit Group 100% Bangkok 12 N.A. Mitsuoka models SAIC Motor - CP Co., Ltd. SAIC Motor 51%, CP Group 49% Rayong 0→50 (2014) →200 (not yet scheduled) - (Operations will start in June 2014) MG3, MG5, MG6     Toyota to raise annual production capacity to 770,000 units Thai Auto Works resumes production  Toyota Auto Body's Thai s...

Market & Tech Reports  Updated at: 2013/09/13

OEMs OEM Models with new technology andnew-energy vehicles (PHV, HV, EV) New commercially-available models Chery Automobile * Chery @ANT (EV concept) * Chery TX, New Eastar, Cowin 5* Riich G2, G3 BYD Auto * Qin (PHV), e6 luxury version (EV)* BYD DM Ⅱ system (the second generationplug-in hybrid system),BYD two way charge-discharge system,BYD remote driving system * F3 Surui Geely HoldingGroup (Geely) * McCar Ⅱ (EV concept) * Gleagl...

Market & Tech Reports  Updated at: 2012/05/24