Thailand is stepping up its battle against inflation by extending price caps on dozens of essential goods for another year and channeling a share of profit from oil refiners to fund energy subsidies for an extended period. The government will continue controlling prices of more than four dozen essential goods and services such as rice, […]

The Thailand Board of Investment (BOI) at a meeting today approved a combined 209.5 billion baht (US 6.2 billion) worth of investment applications in manufacturing and infrastructure projects, including 36.1 billion baht by Horizon Plus Co., Ltd., a joint venture between Taiwan’s Foxconn and Thailand’s PTT PCL, to make battery electric vehicles (BEV), and approved enhanced benefits for investment in battery production, building up on […]

The state passed an incentive package for electric cars, but high prices and lack of charging infrastructure hinder buyers The lingering question following the launch of the government’s electric vehicle (EV) incentive package earlier this year is whether lower prices will be able to attract prospective car buyers.

Thailand’s investment agency on Monday approved a joint venture worth 36.1 billion baht ($1.04 billion) between Taiwan’s Foxconn and Thailand’s PTT (PTT.BK) to produce electric vehicles (BEVs).

Energy authorities are considering imposing a price cap on oil sold by Thai refineries to better control energy inflation, with ongoing measures to tackle the problem scheduled to end this month.

A new tax law introduced today could provide the spark to realize Thailand’s global electric vehicle hub dream. The Excise Department in Bangkok revealed a law governing the reduction of the EV tax from 8% to 2% will be published tomorrow in the Royal Gazette and come into effect on Friday, after the Council of […]

By the end of 2022, a fully-electric Mercedes-EQS will roll off a production line in Bangkok to mark another milestone in Thailand’s remarkable journey from conventional automaking hub to regional frontrunner in electric vehicle (EV) production, according to an article published by the country’s Board of Investment (BOI).

PTT Exploration & Production (PTTEP) is gearing up to develop Thailand’s first carbon capture and storage (CCS) project at the Arthit offshore gas field as the state-backed upstream player eyes its net zero greenhouse gas (GHG) emissions target.

US President Joe Biden will issue a proclamation on Monday that will allow solar panels to be imported to the United States from Thailand, Malaysia, Cambodia and Vietnam without risk of tariffs for a 24-month period, a source familiar with the matter told Reuters.

Tesla Company (Thailand) Ltd is now a registered company in Thailand, according to information found on the Department of Business Development’s website. The company registered today, on May 25, with an initial registration capital of 3 million baht. The primary purpose of Tesla in Thailand is to sell electric vehicles, or EVs. The company will […]