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Thailand’s EV industry growing rapidly

Green Car Congress

According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Along with the release of the study, Nissan announced that the new LEAF will go on sale in seven markets in Asia and Oceania during the next fiscal year: Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea and Thailand. Three in four respondents said they were ready to switch to electric vehicles if taxes were waived.

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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. In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year. What is the mystery behind it?.

Asia 97
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Gevo contracts with Mustang Engineering for the conversion of Gevos renewable isobutanol to biojet fuel

Green Car Congress

Once completed successfully, the company will initiate jet engine testing with engine manufacturers. The advent of the jet fuel carbon tax on international flights landing in the European Union is motivating the airline industry and fuel suppliers to seek cost-effective, renewable alternatives to petroleum jet fuel.

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The Global Outlook of Electric Vehicles

Blink Charging

Despite a strong vehicle manufacturing presence in the United States, and solid support from the current federal government, Ernst & Young has categorized the country as being “stuck in low gear” when it comes to EV adoption. Again, we can break this down into the consumer side and the manufacturer side.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade. As the market matures, the industry is entering a phase marked by increased price competition and consolidation.