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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. Thailand wants 30% of the vehicles built in the country to be electric by 2030.

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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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Honda to build new automobile production plant in Thailand; total capacity to increase to 420,000 units in 2015

Green Car Congress

Honda Automobile (Thailand) Co., HATC), Honda’s automobile production and sales subsidiary in Thailand, plans to build a new automobile production plant with an annual production capacity of 120,000 units. With an investment of approximately 17.15 With an investment of approximately 17.15

Thailand 218
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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. It has purchased the former General Motors factory in Ohio and will build the Lordstown Endurance ute there, as well as the Fisker PEAR and the Indi One from California start-up IndiEV. Foxconn’s EV lineup.

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. diesel engine.

Isuzu 52
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Ford to Invest $450M in New Passenger Vehicle Plant in Thailand

Green Car Congress

Ford Motor Company is investing US$450 million (THB 15 billion) in a new passenger vehicle manufacturing plant in Rayong, Thailand, scheduled for completion in 2012. The facility will begin building the next-generation Ford Focus in 2012 for Thailand and other markets in the Asia-Pacific region.

Thailand 210
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Kia set to export this all-electric SUV at a price that undercuts Tesla

Baua Electric

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. A global launch is set for next year, but will that include the US?

Kia 52