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Honda begins assembling Fit Hybrid in Thailand

Green Car Congress

Honda Motor has begun assembling and marketing the subcompact Fit Hybrid (Jass Hybrid) in Thailand. The hybrid is assembled at Honda’s plant in Ayutthaya, using core components from Japan. Honda said it has sold about 150,000 units of the Fit and Jazz hybrid worldwide so far.

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Splendid Wall readies EV battery meeting, analysis in Thailand

Baua Electric

is finalizing plans to take a position as much as $30 million to arrange a untouched battery bind meeting plant in Thailand, the place it is going to get started creating a compact electrical automotive upcoming occasion, consistent with an organization reputable. BANGKOK — China’s Splendid Wall Motor Co.

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Mercedes-Maybach launches its first plug-in hybrid model, initially in China

Green Car Congress

Mercedes‑Maybach has launched its first plug-in hybrid: the Mercedes‑Maybach S 580. The Mercedes‑Maybach S 580 e is initially available in China, followed by Thailand, Europe and other countries. The Mercedes‑Maybach S 580 e is initially available in China, followed by Thailand, Europe and other countries.

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CATL still dominates the EV battery market share in 2024, but BYD is gaining ground

Baua Electric

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in 2024. CATL still owns over a third of the market, but BYD looks to close the gap with new lower-priced EVs. of the market through April 2024. The company’s market share was up from 14.3%

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Toyota to launch electric Hilux pickup by 2025 as Japanese rival aims to beat it to market

Baua Electric

According to the company’s Thailand president, Toyota will launch an electric Hilux pickup by the end of 2025. Despite releasing its first “electrified” Hilux Hybrid 48V in December, it still featured a 2.8L Toyota still accounts for a third of Thailand’s auto sales, but EV adoption is rising. diesel engine.

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Thailand’s EV industry growing rapidly

Green Car Congress

The Thailand Board of Investment announced that Thailand has received more foreign direct investment supporting the country’s growing electric vehicle production ecosystem. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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CATL accelerates overseas expansion as it outgrows China’s booming EV market

Baua Electric

CATL is doubling down on its global expansion efforts as it seeks more growth in overseas markets. With CATL’s chairman now leading the efforts, the company is making overseas growth a top priority as it outgrows China’s surging EV market. share of the market. Despite incoming competition, CATL’s market share grew from 36.2%

Market 52