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BYD invests more in Thailand despite recent backlash

Teslarati

Chinese automaker BYD is investing more in Thailand despite receiving backpack over price cuts. Thailand is BYD’s largest market outside of China, and the automaker seems keen to maintain its status as an electric vehicle (EV) market leader in the country. Rever Automotive has more than 100 showrooms in Thailand.

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Tesla is opening a flagship store in Thailand: report

Teslarati

Tesla is set to open a flagship store in Bangkok, Thailand, as early as June. The opening of the flagship store comes as Tesla is looking to accelerate its electric vehicle sales in Thailand. This was a bit higher than comparable Chinese models that are offered in the 1 million baht range.

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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

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BYD begins construction of Thailand plant with annual capacity of 150,000 units

CN EV Post

On March 10, BYD held a groundbreaking ceremony for the plant in Thailand, and the delivery ceremony for the 10,000th BYD Atto 3. BYDDY.US | BYD HK BYD began construction of its passenger car plant in Thailand, as it reaches a milestone in deliveries there. platform offered in Thailand. platform offered in Thailand.

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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Although demand remained strong in North America and Europe, pressure in Japan and China led to fewer sales. The Japanese automaker’s global sales are down 0.9% from June 2023.

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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.

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Chinese automakers sweep Western brands out of global markets

Baua Electric

It won’t be news to Charged readers that Chinese automakers have lapped “Western” brands in the EV race. Markets in Asia, South America and Africa may be small compared to North America and Europe, but taken together they add up. (An often-overlooked point is that these are not just EVs—the Chinese are exporting gobs of gas-guzzlers too.)

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