Ekniti Mandates Excise Tax Overhaul to Counter Import Advantages Under FTAs
TUESDAY, AUGUST 11, 2026
Thailand’s finance minister orders an urgent automotive excise tax review to level the playing field for local manufacturers against cheaper FTA imports
Musk launches Terafab to build chips for cars, robots and space AI
MONDAY, MARCH 23, 2026
Musk has announced the launch of Terafab, a project to build two advanced chip factories: one to power cars and humanoid robots, and the other to support artificial intelligence data centres in space.
India to cut EU car import tariffs from 110% to 40% in draft trade pact
MONDAY, JANUARY 26, 2026
India is preparing to sharply cut import tariffs on cars from the European Union, in what sources describe as its most significant move yet to open up the sector as New Delhi and Brussels near a long-awaited free trade agreement.
2026 car market: world hits the brakes on EVs as hybrids rise
SUNDAY, JANUARY 04, 2026
The global automotive industry is facing its biggest “policy shock” in a decade, as a compass that once pointed firmly towards electric vehicles (EVs) begins to swing back.