Auto Auto Industry Thailand 
Baua Electric
MARCH 25, 2024
Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers.
Teslarati
SEPTEMBER 12, 2024
It also mentioned risks in building car manufacturing factories in Europe and Thailand. The policy attracted big names in the global auto industry, including Tesla and Hyundai. Leapmotor and BYD are the two Chinese automakers that have taken significant steps in the European auto market.
Teslarati
JUNE 18, 2024
The auto industry continues to shift toward electric vehicles (EVs), and while sales growth has slowed somewhat this year at many companies and in many markets, recent guidance shows that it may only be in the near-term. Last month, Bloomberg data suggested that the ongoing EV sales slowdown in the U.S.
Baua Electric
AUGUST 16, 2024
Despite new tariffs on Chinese EV imports in the US and Europe, BYD is widening its lead in key auto markets like Southeast Asia and South America. BYD is launching new vehicles in surging EV markets like Thailand, Singapore, Brazil, and Mexico. It’s even cracking into Japan’s auto industry, a market dominated by Toyota.
Baua Electric
AUGUST 1, 2024
Mitsubishi’s CEO Takao Kato explained, “Collaboration with partners is essential in today’s auto industry,” with EVs and other tech rapidly developing. BYD is breaking into Japan’s seemingly impenetrable auto industry. through the first half of 2024, led by double-digit declines in China, Indonesia, and Thailand.
Teslarati
DECEMBER 19, 2022
During a visit to Thailand, the Toyota President seemingly lamented the industry’s focus on an EV-only future. Toyoda noted that people in the auto industry are actually a “silent majority,” and they are wondering if all-electric cars are really the only way forward.
Baua Electric
SEPTEMBER 17, 2024
Its affordable electric and hybrid models are squeezing gas-powered vehicles out of China’s auto market, especially from foreign automakers. BYD’s new EV plant in Thailand opened on July 4. The fact is tariffs will likely only lead to more EV delays, putting the US further behind as the global auto industry shifts to electric.
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