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Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
lants in Thailand Thai production in 2025 is expected to increase 2% year-over-year to 1.5 million units (FTI forecast) Thailand's domestic market: 1-ton pickup truck sales down 38% GlobalData Production Forecast: Thai production expected to be 1.82 million units in 2028 BYD’s mid-size SUV, Sealion 6 DM-i (Unveiled at the Bangkok International Motor Show in March 2025) The Thai government has set a policy of making electric vehicles (...
Market & Tech Reports Updated at: 2025/05/12
Bangkok International Motor Show 2025 (1) Chinese OEMs
Bangkok International Motor Show 2025 (1) Chinese OEMs BYD, Geely, Chery, Changan, MG, GAC, and others Summary BYD: Shark 6 DMO PHEV pickup truck, Denza D9 flagship electric MPV Geely: Star Wish compact EV, Zeekr SUV and MPV, RIDDARA electric pickup truck Chery: Market entry of Chery brand, Omoda & Jaecoo model lineup Changan: Deepal S05 BEV and REEV variants MG (SAIC): New S5 EV and IM6 premium intelligent e-SUV GAC: Aion UT EV and M8 PHEV GWM: ...
Market & Tech Reports Updated at: 2025/04/25
BYD: Sales Leader in Chinese Market, Accelerating Overseas Expansion
he proportion of PHV model sales increased significantly. By brand, the Dynasty series Qin L DM-i equipped with the latest technology and the full-sized smart flagship Xia MPV, a PHV, were released. The Ocean series continued to strengthen its brand image with the launch of the mid-size electric Sealion 07 SUV. In terms of technology, the company has launched a number of innovations, including the Xuanji architecture, which combines electri...
Market & Tech Reports Updated at: 2025/02/18
Thailand International Motor Expo 2024 (1) Chinese OEMs
Jaecoo brand electrified vehicle lineup Changan: Deepal and Avatr e-SUVs and REEV pickup truck Geely EX5 and Zeekr 7X e-SUVs and RIDDARA electric pickup truck SAIC: IM Motors intelligent e-SUV, and Wuling brand compact EVs GAC: Aion V e-SUV and HYPTEC SSR BEV sports car BYD: Denza D9 luxury e-MPV, Sealion 7 e-SUV, SHARK 6 PHEV pickup truck Leapmotor C10 D-segment SUV Neta S Shooting Brake EREV and BEV variants Juneyao Auto: JY Air - the first EV...
Market & Tech Reports Updated at: 2024/12/27
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (September 2024)
tember, an increase of 7.6 points compared to the same month last year. It also reflects an increase of 1.8 points over the previous month. This is the second consecutive month of record highs. Cumulative sales of electric vehicles for the period January through September increased 23.2% y/y to 10.105 million units, accounting for 22.4% of total vehicle sales volume. Hybrid vehicle (HV) sales volume in September was 420,000 units, showing incr...
Market & Tech Reports Updated at: 2024/10/28
Chinese OEM Overseas Expansion Activities: BYD, Geely
ier ships(Source: BYD) According to a report by the China Association of Automobile Manufacturers (CAAM), Chinese auto exports in the first half (H1) of 2024 grew 30.5% year-over-year (y/y) to 2.793 million units. Of this total, exports of new energy vehicles (NEVs) increased by 13.2% y/y to 605,000 units. In 2023, BYD accelerated its overseas expansion. BYD Auto Co. Ltd.’s (BYD) NEV passenger cars are now available in more than 50 cou...
Market & Tech Reports Updated at: 2024/09/17
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (May 2024)
2024 May 2023 May Y-o-Y 2024Jan.-May. total 2023Jan.-May. total Y-o-Y 1 Model Y Tesla 82 84 -1.9% 384 391 -1.8% 2 Qin Plus BYD 51 41 23.2% 178 160 11.8% 3 Song PLUS BYD 39 22 74.3% 148 152 -2.5% 4 Model 3 Tesla 38 36 6.3% 145 193 -24.7% 5 Seagull BYD 35 14 142.2% 131 16 730.1% 6 Chaser 05 BYD 30 10 202.6% 85 28 202.9% 7 Song Pro BYD 27 14 100.0% 107 58 84.6% 8 Yuan PLUS/ ATTO 3 BYD 23 28 -20.7% 79 130 -38.8% 9 Han BYD 22 20 8.8...
Market & Tech Reports Updated at: 2024/06/26