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Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
ossover SUV in 2024. In 2025, Mazda will introduce the MAZDA6e mid-size sedan, and Toyota and Isuzu will introduce the Hilux and D-MAX electric pickup trucks, respectively. Outside of EVs, Toyota will introduce the new Camry, a mid-size exclusively HV sedan, and Mitsubishi will add HV models of the Xpander and Xforce. Thai automobile sales by vehicle type(Source: Created by MarkLines with its Data Center) Automobile market share in Thailan...
Market & Tech Reports Updated at: 2025/05/12
Bangkok International Motor Show 2025 (2) Japanese & European OEMs
pt, the Xforce HEV strikes a refined balance between elegance and rugged presence. It is powered by the new generation full hybrid system, delivering strong acceleration and impressive fuel economy, averaging 24.4 km per liter. At its core is a 1.6-liter DOHC 16-valve MIVEC engine (also used in the Xpander HEV), producing 107 PS and 134 Nm of torque, working with an e-motor with an output of 85 kW and 255 Nm of torque and a lithium-ion battery. T...
Market & Tech Reports Updated at: 2025/05/08
Thailand International Motor Expo 2024 (2) Japanese OEMs and Others
Thailand International Motor Expo 2024 (2) Japanese OEMs and Others Toyota, Honda, Mitsubishi, Isuzu, Hyundai, Ford, Volvo Cars, etc. Summary Toyota HEV lineup Lexus LBX Bespoke Honda HR-V e:HEV RS and e:N1 electric SUV Mitsubishi Xpander HEV and Xpander Cross HEV Isuzu D-MAX 2.2 MaxForce pickup truck Mazda BT-50 pickup truck and CX-5 SUV Nissan Serena MPV and Kicks e-POWER Suzuki Swift sport hatchback, and Jimny Off-road Edition Hyundai Palisade...
Market & Tech Reports Updated at: 2025/01/16
Analysis Report: Lithium-Ion Battery (Japan, Europe, North America and Korea)
Plant 2022 AESC LiB 20.0kWh Pouch NMC 96 cells 350 56.3 Mitsubishi Motors Minicab EV BEV Japan Mizushima Plant 2023 GS Yuasa LiB 20kWh Prismatic NMC 88 cells 330 61.0 Mitsubishi Motors Outlander PHEV PHEV Japan Okazaki Plant 2021 AESC LiB 20.0kWh Pouch NMC 96 cells 350 56.3 Mitsubishi Motors Xpander Hybrid (for Southeast Asia) HEV Thailand MMTh Laemchabang 2024 LiB 1.1kWh 310 Mazda CX-60 PHEV PHEV Japan Hofu Plant 2022 PPES LiB 17.8...
Market & Tech Reports Updated at: 2024/10/18
Japanese OEM Electric Vehicle Launch Plans
and BEVs will be the mainstream, after which BEVs will become the mainstream. Under "Challenge 2025," the company is working to strengthen its regional businesses by leveraging various partnerships. In Thailand, BEV sales, which grew rapidly in 2023, are expected to slow down in 2024, but the Xpander HEV launched in February 2024 is receiving more orders than initial expectations. With an eye on the likely future revival of the BEV market, ...
Market & Tech Reports Updated at: 2024/09/13
ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs
will consider mixed production at the Samrong Plant (Samut Prakan Province) and parallel production at the Gateway Plant (Chachoengsao Province). Mitsubishi Motors On February 1, 2024, Mitsubishi Motors Corporation (Mitsubishi Motors) held the world premiere of its all-new 7-seater HV models, the Xpander and Xpander Cross crossover MPVs, in Bangkok, Thailand, along with the start of sales in the country. The vehicles will be produced at the Lae...
Market & Tech Reports Updated at: 2024/09/04
ASEAN Vehicle Sales and Production Update (Q1 2024)
International Motor Show 2024 (3) VinFast, European OEMsBEVs from VinFast, Kia, European brands, and Thai brand electric commercial vehicles https://www.marklines.com/en/report/rep2649_202404 Bangkok International Motor Show 2024 (2) Japanese OEMsIsuzu D-Max EV, Toyota Hilux Revo-e BEV, Mitsubishi Xpander HEV, etc. https://www.marklines.com/en/report/rep2648_202404 Bangkok International Motor Show 2024 (1) Chinese OEMsBEVs from Neta, Changan, MG...
Market & Tech Reports Updated at: 2024/05/14
Bangkok International Motor Show 2024 (2) Japanese OEMs
Bangkok International Motor Show 2024 (2) Japanese OEMs Isuzu D-Max EV, Toyota Hilux Revo-e BEV, Mitsubishi Xpander HEV, etc. Summary Isuzu D-Max EV Concept one-ton electric pickup truck Toyota Hilux Revo-e BEV pickup truck Lexus LBX Hybrid crossover Nissan Hyper Tourer all-electric autonomous driving concept minivan Mitsubishi Xpander HEV - Thai-made hybrid MPV Suzuki eWX Concept and XL7 Hybrid Multi-Dynamic Crossover Mazda MX-30 e-SKYACTIV R-...
Market & Tech Reports Updated at: 2024/04/26
Thailand: Chinese OEMs to build EV production facilities
nch of new models (other than EV models mentioned above), Toyota released the IMV 0, a 2-seat multi-purpose pickup truck of the IMV series, and the new Yaris Cross. Honda introduced the new Accord e:HEV, a midsize hybrid sedan, and the CR-V, a premium SUV. Mitsubishi launched the HV versions of the Xpander and Xpander Cross compact crossover MPVs. Thai automobile sales by vehicle type(Source: Created by MarkLines with its Data Center ) Aut...
Market & Tech Reports Updated at: 2024/03/05
Thailand International Motor Expo 2023 (2)
ss stage All-new Mitsubishi Triton's Mega Frame' chassis Mitsubishi Triton Athlete (Yamabuki Orange color) Mitsubishi Triton Athlete's rear side Mitsubishi Triton Double Cab Ultra 4WD Mitsubishi Triton Mega Cab Racing Circuit Concept Mitsubishi Pajero Sport SUV, Mitsubishi XPANDER, and XPANDER CROSS MPVs are also put on display. Mitsubishi Pajero Sport Mitsubishi XPANDER Mitsubishi XPANDER Cross Isuzu's...
Market & Tech Reports Updated at: 2023/12/27
ASEAN Vehicle Sales and Production Update (Q1 2023)
9, 2023) https://www.marklines.com/en/news/281375 Philippines Philippines’ new Executive Order should also provide tax breaks to electric motorcycles, mobility advocate points (Mar 1, 2023) https://www.marklines.com/en/news/284086 Philippine govt. expects Mitsubishi Motors to produce next-gen Xpander locally (Feb 17, 2023) https://www.marklines.com/en/news/283538 Omoda to reportedly enter Philippines by October 2023 (Feb 14, 2023) https://w...
Market & Tech Reports Updated at: 2023/05/17
Bangkok International Motor Show 2023 (2): Colorful Experience
zda2, Mazda3 Carbon Edition, CX-Series, BT-50 pickup truck Honda: 6th-gen CR-V, all-new WR-V 5-seater SUV, Civic Type R Nissan: Kicks e-POWER, Terra Sport, Leaf V2H and V2G capability Subaru: New Forester GT edition Suzuki: New Swift GL NEXT, Celerio GL UP, Carry, Jimny Mitsubishi: XRT Concept, new Xpander Cross Isuzu: D-Max V-Cross MAGIC EYEs pickup truck, mu-X Phantom Collection PPV Ford: Next-generation Ford Ranger Stormtrak, Everest Wildtrak,...
Market & Tech Reports Updated at: 2023/04/11
Indonesia: Utilizing Nickel to Build EV Supply Chain
emic 2019. The strong growth was backed by a) the 2022 temporary tax cut to support locally built models, b) the launch of new generations and upgrades of top-selling models (such as the new-generation Toyota Avanza and its sibling Daihatsu Xenia, second-generation Honda BR-V, facelifted Mitsubishi Xpander, and Suzuki Ertiga Hybrid variant), c) Hyundai’s new plant starting operations and exports in January 2022, and d) the increase of export mo...
Market & Tech Reports Updated at: 2023/01/27
Bangkok International Motor Show 2022 (2): Keep Moving Forward Together
and pickup trucks lineup Summary Toyota: bZ4X Concept EV, e-Palette for Autono-MaaS, and Veloz 7-seater MPV crossover Lexus: all-new NX 450h+ PHEV, and UX 300e crossover EV Honda: e:HEV model lineup Nissan: new Almera, KICKS e-POWER, Terra premium SUV and Navara pickup truck Mitsubishi Motors: new Xpander, Triton Ralliart, and Mirage Ralliart Ford: next-generation Ranger, Everest, and Ranger Raptor Isuzu D-Max V-Cross 4x4 Suzuki: XL7 7-seater cr...
Market & Tech Reports Updated at: 2022/04/11
Renault-Nissan-Mitsubishi Alliance: Mid-term Plan Progress, Accelerating Electrification (Part 1)
topped production in August 2021. General and administrative expenses Reduction of travel expenses, outsourcing expenses, and other costs. Along with the reform of work styles, subsidiaries and other companies were consolidated into the headquarters office building. Mitsubishi's upgraded Xpander (announced in Indonesia in November 2021) (Source: Mitsubishi Motors) As for initiatives in each region, the company has decided to free...
Market & Tech Reports Updated at: 2021/12/22
Indonesia: Battery production for 400k EVs in 2025; state and private enterprise collaboration
components. The requirement is that at least 70% of these parts must be procured locally. Models (engine displacement 1500 cc or less) covered by PPnBM incentive scheme (21 models) Toyota Yaris, Vios, Sienta, Avanza, Rush, Raize Daihatsu Xenia, Gran Max, Luxio, Terios, Rocky Mitsubishi Xpander, Xpander Cross Nissan Livina Honda Brio RS, Mobilio, BR-V, HR-V Suzuki Ertiga, XL7 Wuling Confero According to statistics from t...
Market & Tech Reports Updated at: 2021/10/20
ASEAN Vehicle Sales and Production Update (Q2 2021)
ally makes first overseas launch after Japan in Indonesia (Apr 30, 2021)https://www.marklines.com/en/news/253177 Electric Vehicle Industry Association officially announced in Indonesia (Apr 26, 2021)https://www.marklines.com/en/news/252932 Mitsubishi Motors Indonesia to raise production capacity of Xpander to meet demand (Apr 22, 2021)https://www.marklines.com/en/news/252782 Starvo aims to launch 5,000 EV charging stations in Indonesia by 2025 (A...
Market & Tech Reports Updated at: 2021/08/13
ASEAN: Thailand and Indonesia building EV and battery production facilities
n in Indonesia by 2025. The additional capital will be spent for expansion of its annual production capacity from 220,000 to 250,000 units and development of the HV versions of two models. MMC is likely to produce the Outlander PHEV and Eclipse Cross PHEV and develop the HV and PHEV versions of the Xpander. Export destinations for Indonesian-made MMC cars are expected to increase from 30 to 39 countries. (Note:) IDR 10,000 = USD 0.70 (as of ea...
Market & Tech Reports Updated at: 2021/06/10
ASEAN Vehicle Sales and Production Update (Q1 2021)
in 2021 to make Thailand EV hub (Feb 01, 2021)https://www.marklines.com/en/news/249366 FTI announces 2021 production target of vehicles and motorcycles in Thailand (Jan 20, 2021)https://www.marklines.com/en/news/248938 Indonesia Indonesia Minister unveils Mitsubishi's investment plans including Xpander Hybrid, Outlander PHEV local production (Mar 17, 2021)https://www.marklines.com/en/news/251181 Honda reportedly relocating plant from India to...
Market & Tech Reports Updated at: 2021/05/19
Renault-Nissan-Mitsubishi Alliance: Progress of the Mid-Term Plan (Part 1)
se market jointly developed with GAC Group ・Next-generation SUV Outlander and the Outlander PHEV, etc. Phase IIFY 2022 and beyond Mitsubishi will strengthen its products and brand in the ASEAN region. FY 2022 ・Pickup truck segment: next-generation Triton FY 2023 and beyond ・MPV segment:Xpander HEV, next-generation Xpander・Passenger pickup vehicle (PPV)/SUV segment: next-generation Pajero Sport・New models for the ASEAN region, etc...
Market & Tech Reports Updated at: 2020/09/28