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Thailand secures Trump’s 19% tariff relief amid economic strain and border tensions
imposed a 19% tariff on imports from Thailand and Cambodia, well below the 36% previously threatened, after a ceasefire deal between the two countries. The move came amid President Trump’s warning that trade agreements would be suspended unless the deadly border conflict was resolved. As part of ASEAN, Malaysia, which played a role in mediating the truce, was also assigned the same 19% tariff, aligning with rates applied to Indonesia and the P...
News Updated at: 2025/08/01
SAIC-GM-Wuling Automobile Co., Ltd. (SGMW) [China]
ster cross-domain integration, development Baojun reveals more configurations of new Yunhai intelligent SUV Baojun starts accepting pre-orders for Yunhai SUV SGMW Wuhan Research Institute established SGMW starts accepting pre-orders for battery electric version of Wuling Hongguang MPV SGMW launches ASEAN Strategy, makes global debut of Light of ASEAN concept NEV First Baojun Xiangjing sedan rolls off production line SGMW Qingdao branch kicks off ...
OEM Plants Updated at: 2025/08/01
China Changan Automobile Group Co., Ltd.[China]
30. Changan Auto has so far built 14 sites and 33 vehicle, engine and transmission plants around the world, and will make an all-out effort in exploring overseas markets, with the construction of its global regional headquarters in the preparatory stage. The company will complete and commission the ASEAN site by 2025, with the products radiating to markets such as Australia, New Zealand and South Africa, and will concurrently build the European h...
OEM Plants Updated at: 2025/07/31
PT. Astra Otoparts Tbk
oximately 1.75 million units. In this new factory, TACI invests 6.5 billion yen investment or approximately 747 billion rupiah and targeted to recruit approximately 500 new workers. It is expected that TACI's compressor business develops well, TACI will supply compressor not only for domestic and ASEAN markets but also European and American markets. (From a press release on December 4, 2013) PT. Indokarlo Perkasa, a subsidiary of PT. Astra Otop...
Major Suppliers Updated at: 2025/07/31
Drive Battery Cell/Module
e plant Sichuan Contemporary Amperex Technology Limited Ningde Jiaocheng Contemporary Amperex Technology Limited United Auto Battery Co., Ltd. LG Energy Solution Battery (Nanjing) Co., Ltd. (Formerly Nanjing LG Chem New Energy Battery Co., Ltd.) SVOLT Energy Technology (Shangrao) Co., Ltd. Guangxi ASEAN FinDreams Battery Co., Ltd. Qinghai FinDreams Battery Co., Ltd. (Formerly Qinghai BYD Lithium Battery Co., Ltd.) Huzhou Welion Technology Co., L...
Who Supplies Whom Updated at: 2025/07/31
Tang (BYD)
u Rongtai Industrial Development Co., Ltd.) Lear Dongfeng Automotive Seating Co., Ltd. Changzhou Branch Xi'an Pengling Auto Parts Co., Ltd. Wuxi Longsheng Technology Co., Ltd. FinDreams Powertrain Co., Ltd. Xi'an FinDreams Battery Co., Ltd. (Formerly Xi'an Zhongdi Lithium Battery Co., Ltd.) Guangxi ASEAN FinDreams Battery Co., Ltd. Fulin Precision Co., Ltd. (Formerly Mianyang Fulin Precision Co., Ltd.) Keboda Technology Corporation (Formerly Shan...
Who Supplies Whom Updated at: 2025/07/30
Mitsubishi Motors: Strengthening HEVs in Thailand, Foxconn supplying BEVs
s and PHEVs Japan market: Double-digit year-over-year growth in 2024, aiming for 80% HEVs and 20% BEVs by FY2030 North American market: Collaboration with Nissan to launch next-generation Nissan Leaf-based BEV Sales and production volume trends FY2024 financial results and FY2025 management targets ASEAN market: Strengthening hybrid production in Thailand The Xforce HEV had its world premiere at the Bangkok International Motor Show in March...
Market & Tech Reports Updated at: 2025/07/30
GWM meets Thai Minister, reaffirms long-term investment and 2026 BEV launch in Thailand
jor supply-side investments worth THB 60 billion, demand-side incentives, and broader ecosystem development, including charging infrastructure (12,000 points by 2030), testing facilities, EV-focused education, and recycling legislation. The Minister also reiterated Thailand’s ambition to become ASEAN’s hub for EVs and autonomous vehicles, supported by robust infrastructure, international standards, and export-readiness under various FTAs wi...
News Updated at: 2025/07/30
GIIAS 2025: Nissan launches X-Trail e-POWER with e-4ORCE AWD SUV in Indonesia
models to be launched over the next three years in partnership with Indomobil Group. At GIIAS 2025, Nissan also showcased other electrified models including the all-new Serena e-POWER, Kicks e-POWER. Nissan also reintroduced the iconic Patrol to Indonesia, a full-size premium 4WD SUV. (From Nissan ASEAN press release dated July 23, 2025)...
News Updated at: 2025/07/29
Freudenberg SE
mixture Freudenberg opens new headliner production facility in China Mahindra to invest USD 400 million in joint venture plant Freudenberg Sealing Technologies introduces new generation of low-friction transmission seals NOK to expand production capacity of automotive sealing products in China and ASEAN Freudenberg plans new plant in India Freudenberg Sealing Technologies investigates conductive plastics for radar sensor housings Freudenberg sh...
Major Suppliers Updated at: 2025/07/29
Schaeffler AG
n and European automakers in Thailand. Schaeffler plans to supply products to car companies from China which are expanding investment in Thailand. Over the past 25 years, Schaeffler has invested over THB 800 million in Thailand. Schaeffler also exports auto parts to many suppliers and automakers in ASEAN, Japan, Australia, the U.S., and Europe. (From an article of Bangkok Post on October 20, 2021) Schaeffler AG (Schaeffler) announced that it will...
Major Suppliers Updated at: 2025/07/29
ZF Friedrichshafen AG
n Sales, the firm sold 100 vehicles in H1/2020 and confident to achieve sales target of 450 units in 2020. The firm has been making its long-term planning in Thailand which include plan to set up manufacturing plant for its commercial vehicles in the country, aiming to serve both domestic and other ASEAN countries. The firm said it is unable to unveil the information of investment budget at the moment, but it remains positive in the potential of ...
Major Suppliers Updated at: 2025/07/29
Bosch (Robert Bosch GmbH)
istance and infotainment alone. (Based on Bosch press release On September 4, 2023) Corporate Strategy Summary -The Company’s general financial goals are organized as follows: Achieve growth rates higher than the respective market Improve sales growth in emerging markets, including China, India, ASEAN, and Africa regions Increase market share and improve market potential in North America Improve diversification across the Company’s business ...
Major Suppliers Updated at: 2025/07/29
APM Automotive Holdings Berhad
sources) International Automotive Components (IAC) Group announced its agreement to form two joint ventures in Malaysia and Thailand with Malaysia-based APM Automotive Holdings Berhad (APM), a supplier of automotive interior products. The joint ventures will be IAC Group's first investments in the ASEAN region. In Malaysia, the joint venture will be called APM IAC Automotive Systems Sdn Bhd, in which APM will hold the majority 60% equity interes...
Major Suppliers Updated at: 2025/07/29
Drive Battery Pack/System
., Ltd. (Formerly FinDreams Industry Co., Ltd.) Samsung SDI America, Inc MMTh Engine Co., Ltd. Siam GS Battery Co., Ltd. Daihatsu Blue Solutions S.A.S. Hyperbat Impact Clean Power Technology S.A. (ICPT) ASPİLSAN Enerji Industry and Trade Inc. Jiangsu Contemporary Amperex Technology Limited Guangxi ASEAN FinDreams Battery Co., Ltd. Xi'an FinDreams Battery Co., Ltd. (Formerly Xi'an Zhongdi Lithium Battery Co., Ltd.) Anhui Hongtron New Energy Powe...
Who Supplies Whom Updated at: 2025/07/29
Cummins Inc.
n Sales, the firm sold 100 vehicles in H1/2020 and confident to achieve sales target of 450 units in 2020. The firm has been making its long-term planning in Thailand which include plan to set up manufacturing plant for its commercial vehicles in the country, aiming to serve both domestic and other ASEAN countries. The firm said it is unable to unveil the information of investment budget at the moment, but it remains positive in the potential of ...
Major Suppliers Updated at: 2025/07/28
American Axle & Manufacturing Holdings, Inc.
to begin in 2027. (AAM release on June 11, 2025) Teikoku Piston Ring Co., Ltd. (TPR) announced on February 28 that it has established a sales joint venture in Thailand and will start business in March 2005. With this 17th overseas base for TPR, it aims to expand the sales to Japanese automakers in ASEAN region, which plan to increase their production there. With a total investment of 10 million Bahts (about 27 million yen), the new joint company...
Major Suppliers Updated at: 2025/07/28
Aisan Industry Co., Ltd.
ontrol temperature of the exhaust from cooled EGRs to cut the emission of particulate matter (PM). The company expects to quadruplicate its annual sales of the bypass valves to over 4 billion yen in fiscal 2010. As the demands are expected to grow in Europe and Japan, as well as from markets in the ASEAN (Association of Southeast Asian Nations), the company will start producing the EGR cooler bypass valves at its subsidiary in Indonesia. (From an...
Major Suppliers Updated at: 2025/07/28
Koito Manufacturing Co., Ltd.
Co., Ltd. announced that it will establish a subsidiary in Indonesia in June for manufacturing and marketing automotive lighting equipment. The new subsidiary, PT. Indonesia Koito, will respond to growing orders for its motorcycle and automotive lighting equipment as the Group's second foothold in ASEAN countries after Thailand. The headquarters and plant will be located at the industrial park in Karawang. It will be capitalized at US$30 million...
Major Suppliers Updated at: 2025/07/28
JTEKT Corporation
JTEKT has already carried out reforms such as the sale of its needle roller bearing business in Europe and profitability improvement in North America. It will also bolster the business in China and restructure its global production system. In anticipation of the entry of Chinese automakers into the ASEAN market, JTEKT will also take preemptive measures to improve the structure of its operations in the ASEAN region. Although it has not factored th...
Major Suppliers Updated at: 2025/07/28