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Tesla in talks to open Gigafactory Thailand: official

Teslarati

Tesla is talking with the Thailand government about a potential Gigafactory in the country, an official from the country’s Prime Minister’s office said today. Thailand has a robust automotive manufacturing industry currently, and is the largest producer and exporter of vehicles in the region of Southeast Asia.

Thailand 114
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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. billion in EV investments.

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BYD EV plant in Mexico under consideration

Teslarati

The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. BYD is steadily strengthening its global presence. It opened facilities in Thailand this year and announced plans to build a production site in Hungary in the next three years.

Mexico 113
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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

Global 52
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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. An all-electric Toyota Hilux pickup is (finally) coming Toyota’s Hilux is one of the top-selling pickup trucks globally, so it would make sense for an all-electric version.

Isuzu 52
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Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

But Hon Hai says there are already plans in place for all three models to be built in Taiwan, Thailand and the USA. The Model V will face some tough competition for the electric ute dollar, with the North American majors already weighing in and Chinese brands following suit. Foxconn’s EV lineup.

Global 52
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Here’s how China’s BYD is working on its image problem

Baua Electric

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans.

BYD 52