news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

thailand: production and sales continued to decline in july, while new energy vehicles grew against the trend

according to statistics from the federation of thai industries (fti), in july 2024, thailand's total automobile production was 124,829 units, a year-on-year decrease of 16.62%, and sales were 46,394 units, a year-on-year decrease of 20.58%. the year-on-year decline in production and sales is related to excessive household debt and low economic growth rates. from january to july, the total automobile production was 886,069 units, a year-on-year decrease of 17.28%, and the total sales were 354,421 units, a year-on-year decrease of 23.71%.

in july, 8,332 pure electric vehicles were newly registered, up 20.68% year-on-year, including 5,475 passenger cars. from january to july, a total of 60,243 pure electric vehicles were registered, up 21.05% year-on-year, including 43,266 passenger cars; a total of 59,587 plug-in hybrid vehicles were registered, up 20.17% year-on-year. among them, the total number of passenger cars was 59,518, up 20.18% year-on-year. from the data, it can be seen that the registration volume of plug-in hybrid passenger cars has exceeded the registration volume of pure electric passenger cars in the same period.

malaysia: byd delivers 10,000th vehicle this month, explores new market segments

according to foreign media reports, byd is expected to complete the delivery of its 10,000th vehicle in malaysia this month. at the same time, the company is looking for opportunities in other market segments to continue its upward momentum in malaysia.

byd malaysia managing director eagle zhao said the company and its dealer partner sime darby motors have begun studying the feasibility of launching byd's shark pickup truck in the country. if launched, the shark pickup truck will become byd's first plug-in hybrid model in malaysia. at the same time, it is expected to become one of the most popular new energy pickup trucks on the market, creating a precedent for the electrification of pickup trucks.

it is reported that byd has previously sold its hybrid product sealion 6 dm-i in thailand.

indonesia: electric vehicles are not a first-time purchase option, only reaching high-end consumers

indonesia's financial services authority recently said that over the past five years, indonesia's electric vehicle industry has continued to develop, electric vehicle products have become more diversified, and prices have become more "affordable." however, it is still not considered that the industry has entered a booming stage. because electric vehicles have not yet entered the list of consumers' first purchase options, they are usually purchased as the second or more cars for a family. moreover, electric vehicle buyers are limited to the middle and upper classes of society.

officials from the indonesian financial companies association (appi) pointed out that 70% of electric car buyers choose to pay in cash, which means that buyers have sufficient funds and do not need the involvement of financing or leasing companies. without the support of a large number of middle and lower class consumers, the penetration rate of indonesia's electric car market may stagnate. the main obstacles for the middle and lower class to buy electric cars are charging facilities, parking spaces, insurance, and leasing or credit.

according to data from the indonesian automotive industry association (gaikindo), indonesia's electric vehicle sales in january-july 2024 were 17,826 units, more than double the sales of 6,928 units in the same period last year.

philippines: new car sales increased by 6% in july, but it is still difficult for electric vehicles to break through 10% market share

data jointly released by the association of automotive manufacturers of the philippines (campi) and the truck manufacturers association (tma) showed that in july, new car sales in the philippines reached 39,331 units, up 6% from 37,096 units in the same period last year. from january to july, car sales reached 265,610 units, up 11% year-on-year, of which passenger car sales reached 70,798 units, up 17% year-on-year.

in terms of electric vehicles, thanks to executive order no. 12 (eo 12), which reduced the import tariffs on some electric vehicles and their parts from 5% to 30% to 0%, and the inclusion of hybrid electric vehicles in the eo12 zero tariff plan this year and other incentives, rommel gutierrez, chairman of the association of automotive manufacturers of the philippines (campi), believes that electric vehicle sales will continue to grow in 2024, but it will be difficult to break through 10% of the market share because the demand for internal combustion engine vehicles is also continuing to rise.