Thailand – Page 4 – Proliance – Automotive Data Analytics Solutions

Chart showing the percentage change in Thailand's consumer confidence from July 2023 to May 2024, with a trend line indicating a decrease over time.

Thailand’s Declining Consumer Confidence: Impact on Auto Market

Weakening Economic Sentiment and High Household Debt Pose Challenges for Thai Auto Industry In June 2024, Thailand's consumer confidence reached a nine-month low, continuing a downward trend observed over the…..

12 July 2024

Line graph illustrating total vehicle sales in Thailand from 2020 to 2024, showing fluctuations and a recent decline in sales.

Analysis

Stricter Auto Loan Criteria Driving Thailand’s Car Sales Decline

Financial Tightening Leads to Double-Digit Sales Decline and Industry-Wide Ripple Effects The automotive market in Thailand is experiencing a significant downturn due to the stricter criteria for auto loans, resulting…..

12 July 2024

White electric SUV with sleek design, LED headlights, and SERES branding displayed in a modern showroom setting

News

Chinese EV Makers to Establish Manufacturing in Thailand by 2025

Emerging Players and Strategic Investments Reshape Thailand's Automotive Landscape Several Chinese automakers, known for their expertise in electric vehicle (EV) technology, have set their sights on Thailand as a strategic…..

11 July 2024

Electric vehicle charging station with red car at night

Analysis

Thailand’s EV 3.5 Policy: Transforming the Automotive Industry

Ambitious Incentives and Production Targets Aim to Accelerate EV Adoption and Manufacturing Thailand's EV 3.5 Policy: Driving the Future of Electric Vehicles (2024-2027) Timeframe The EV 3.5 policy will be…..

11 July 2024

Electric vehicle charging station in an urban setting at night, with a charging cable and display screen illuminated.

Analysis

Are EV Charging Stations in Thailand Ready for the Future?

Infrastructure Challenges and Growth Opportunities in Thailand's Evolving EV Ecosystem It is evident that the landscape of EV charging stations in Thailand is undergoing significant developments. The country has been…..

11 July 2024

Analysis

Honda’s Plant Closure in Thailand: A Shift Toward EV Dominance

Strategic Shift Reflects Industry-Wide Move Towards Electrification and Efficiency Honda has announced that it will cease vehicle production at its Ayutthaya plant in Thailand by 2025. This decision is part…..

11 July 2024

News

BYD Opens First EV Manufacturing Plant in Thailand

BYD officially opened its first electric vehicle (EV) manufacturing plant outside of China in Rayong, Thailand on July 4, 2024. This facility represents a significant investment of over 35 billion…..

11 July 2024

White OMODA B5 electric SUV showcasing its modern design, distinctive headlights, and alloy wheels.

Analysis

Chinese Automakers Expanding to Thailand: Key Players by 2025

11 July 2024

All-new Mitsubishi L200 Triton pickup truck in silver with distinctive Dynamic Shield front design, LED headlights, and premium alloy wheels against black background

News

Mitsubishi Unveils All-New L200 Triton Pickup in Thailand

Next-Generation Model Blends Rugged Capability with Advanced Technology Mitsubishi Motors Unveils 6th-Generation L200 Triton Pickup in Global Debut Mitsubishi Motors Corporation has unveiled its highly anticipated 6th-generation L200 Triton one-ton…..

28 July 2023

News

Tesla Launches Model 3 and Model Y in Thailand Market

American EV Giant Enters Thai Market with Model 3 and Y Offerings On December 7th, 2022, Tela Thailand officially launched its Model 3 compact sedan and Model Y compact SUV…..

8 December 2022