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GWM Launches EV Model in Thailand

Chinese automotive manufacturer Great Wall Motor Company (GWM) has officially launched its plug-in hybrid model HAVAL H6 in the Thailand market, completing the firm’s electric vehicle product line there.

Foxconn’s EV Ambition to Take-Off in Thailand

Taiwan-based smartphone manufacturing giant Hon Hai Precision Industry Co. (Foxconn) and state-owned oil supplier PTT PLC have signed an agreement to start electric vehicle (EV) manufacturing facility in Thailand. The 60:40 joint venture between PTT and Foxconn, respectively, will use the individual EV capabilities of both the parties to manufacture and supply EVs in Thailand and the region.

Thailand’s Auto Industry Appears Positive

Overall car sales in the Southeast Asian country grew by 18% in the first five months of 2018, and that was just some of the good news. Other reports are gloomier, but outlook is mostly positive.

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