Global Low Cost Thailand 
Green Car Congress
JUNE 20, 2013
The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 million by 2020.
Teslarati
JUNE 18, 2024
In a recent outlook of the global EV market, one publication has recently suggested that EV growth may be advancing substantially in some developing markets, while others have seen increased plugin hybrid EV (PHEV) sales. Last month, Bloomberg data suggested that the ongoing EV sales slowdown in the U.S.
Baua Electric
MARCH 6, 2024
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.
Baua Electric
AUGUST 1, 2024
Nissan and Honda will also develop battery tech and e-Axles to power new global vehicles. The Nissan, Honda, and Mitsubishi partnership comes as Tesla and Chinese EV makers like BYD continue expanding in key global markets, including Japan, taking market share. Ford is working on a low-cost EV platform with software at its heart.
Baua Electric
AUGUST 7, 2024
Hyundai is upping the ante on China’s leading EV maker with plans to dish out $28 million (1 billion baht) on a new EV assembly and battery plant in Thailand. Hyundai to fend off BYD with EV plant in Thailand With EV sales surging in Thailand, Hyundai wants in on the action. The BOI has approved over $2.2
Baua Electric
NOVEMBER 20, 2024
Ford’s announcement comes as China’s leading EV maker, BYD, is quickly catching up in global deliveries. Electrek’s Take Ford’s restructuring in Europe comes as EV leaders, like China’s BYD, continue gaining ground in the global auto market. The first EV model powered by the platform, a new electric truck , is due out in 2027.
Baua Electric
NOVEMBER 21, 2024
With China’s auto market becoming flooded with low-cost competitors, BYD is looking to key overseas markets to drive growth. After opening its first plant in Thailand earlier this year, a booming EV region, BYD plans to open up shop in another major Southeast Asian market. Will BYD overtake Ford in the global auto ranks?
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