Automobile

Despite policy shifts and tariff barriers in the US, the number of electric vehicles on the road is forecast to jump 30%, with Plug-in Hybrids gaining crucial market share

Adjustments to EV3 and EV3.5 measures boost production flexibility, incentivise local battery component use, and reinforce Thailand’s global EV manufacturing ambitions

Motor Expo 2025 records 28,254 car bookings in its first week, with Toyota leading by a wide margin over BYD and Honda. EVs priced 400,000-700,000 baht dominate demand as brands rush to clear stocks ahead of EV policy deadlines.

The EV board approves adjustments to EV3 and EV3.5 incentives to align with market conditions, including extended registration periods and export promotions to prevent oversupply.

FTI reports strong growth in car production, sales, and exports for October 2025, with EVs surging across all segments, despite a slight dip in overall exports.

Chinese carmakers seek an extension to EV battery cell exemptions as Thailand pushes for higher local content and upstream battery investment.

Toyota Motor Corp. said Tuesday that it will invest 912 million dollars in five US plants to further localise production of hybrid vehicles, which continue to sell well in the country.

Japan's Toyota Motor Corp. said Wednesday that it will invest an additional 10 billion dollars in the United States over the next five years to strengthen its production of electrified vehicles.

Japan’s top 7 automakers lose ¥1.5 trillion in revenue in H1 2025 due to US tariffs worth US$9.7 billion; Toyota suffers least, driven by hybrid sales

Honda Motor Co. on Friday lowered its full-year consolidated net profit forecast for the fiscal year ending in March 2026 to 300 billion yen from the previous projection of 420 billion yen.

Japan's Mitsubishi Motors Corp. has reported a group net loss of 9.2 billion yen for April-September, against the year-before profit of 37.9 billion yen, due mainly to high tariffs imposed by U.S. President Donald Trump's administration.

Nissan Motor Co. said Thursday that it fell into the red in April-September for the first time in five years, weighed down by higher US tariffs imposed by the administration of President Donald Trump, as well as lacklustre sales in Japan and the United States.

Toyota Motor Corp. said Wednesday that it has revised up its consolidated net profit forecast for fiscal 2025 to 2.93 trillion yen from 2.66 trillion yen, on the back of continued hefty sales of hybrid vehicles in North America.