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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. Despite Tesla’s higher vehicle prices, the Model Y and Model 3 have seen strong demand in Thailand.

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Tesla is coming to Thailand, job openings show

Teslarati

Tesla is coming to Thailand, newly posted job openings show. Tesla is hiring in Bangkok, Thailand for a variety of positions such as Tesla advisor, parts advisor, office administrator, senior recruiter, vehicle technician, public policy and business development manager , inside sales advisor, and more. Thank you, @elonmusk.

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BYD produced its 5 millionth New Energy Vehicle

Green Car Congress

In 2022, BYD’s new energy vehicles saw total sales surpass 1.86 The momentum continued in 2023, as the company reached a cumulative sales volume of 1.5 million units from January to July, including a notable 92,469 units sold overseas which exceeded the total overseas sales for the entire year of 2022.

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Honda aiming to sell 3.5M electric motorcycles per year by 2030

Green Car Congress

Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, and 3.5 million units (approximately 15% of total sales) as of 2030. Commuter EVs. Commuter EMs / EBs. Platform strategy.

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Chinese automakers sweep Western brands out of global markets

Baua Electric

In a recent article, he warns that China has launched “a global car blitzkrieg” that puts American, European and Japanese automakers’ status as global companies in grave peril. In Thailand, Japanese brands have dominated for decades, with a market share around 90%. Now every Japanese firm is seeing sales shrink.

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Reports of an electric vehicle sales slowdown may be exaggerated

Teslarati

A look at reports in the past months would show that a narrative around electric vehicle sales has formed. Considering the trends in the sales of vehicles like the Ford F-150 Lightning and startups like Lucid Motors, skeptics have claimed that electric cars are seeing a demand problem. That’s an increase of 36% from 2022.

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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

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.