article thumbnail

Tesla executives looking for 790-acre land in Thailand: Prime Minister

Teslarati

In an apparent bid to highlight Thailand’s potential position as an electric vehicle manufacturing hub in Southeast Asia, Thai Prime Minister Srettha Thavisin personally accompanied Tesla executives on a tour of potential industrial sites last week. Thailand has an annual production of 2.5

Thailand 138
article thumbnail

Electric HiLux incoming! New Toyota HiLux REVO heads for production in Thailand as Japanese giant beats Ford Ranger to BEV workhorse

EV Central

Hot on the heels of the Isuzu D-Max EV, Toyota has now announced it too is pushing its Toyota HiLux REVO BEV into production at its factory in Thailand – and the battery-electric ute could be heading to Australia. ” Last year Toyota sold an incredible 265,949 cars in Thailand alone, commanding an impressive 34.3

article thumbnail

Tesla Model Y & Model 3 orders in Thailand skyrocket a few days after reservations open

Teslarati

Tesla reservations for its Model 3 and Model Y vehicles have been skyrocketing in Thailand. Tesla has received more than 5,000 Model 3 and Model Y orders since launching in Thailand. Last Wednesday, Tesla Thailand started accepting online reservations for the Model 3 and Model Y. It aims to deliver the vehicles by Q1 2023.

article thumbnail

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia 97
article thumbnail

Toyota preps first electric pickup, the Hilux BEV, following BYD Shark PHEV truck launch

Baua Electric

Toyota is preparing to produce its first electric pickup in Thailand by the end of next year. Toyota to launch its first electric pickup in Thailand As one of the top-selling pickups globally, the Toyota Hilux is the perfect model to go all-electric. Most of the Grab (Thailand’s Uber) that I took were electric MG or BYD vehicles.

BYD 52
article thumbnail

BYD Chairman forecasts falling profit margins in 2024

Teslarati

Based on the CPCA Secretary General’s numbers, BYD might not be the only Chinese automaker to see falling profit margins. BYD plans to launch Tesla Cybertruck competitor in 2024 During the Bangkok Motor Show in Thailand, BYD stole the limelight with an array of electric vehicles (EVs) and new energy vehicle displays.

BYD 92
article thumbnail

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. Speaking to reports during the Bangkok International Motor Show, Toyota Thailand president Noriaki Kamashita said the Hilux EV would be ready by the end of next year.

Isuzu 52