Hyundai Mobility Thailand (HMT) has announced it will invest THB1 billion to enhance its presence and contribute to the growth of Thailand’s electric vehicle (EV) ecosystem, its CEO Jae Gyou Chung said in late September 2024.
We Are At Metalex Vietnam 2024!
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Thailand Ramps Up Campaign Boosting Japan’s Semiconductor Involvement
In June, ASEAN’s semiconductor competition got more intense with Thailand’s involvement. The country’s economic ministers discussed sending Thai students to train in Taiwan to counter lack of advanced skills.
Baht Appreciation Places Thailand Businesses On Panic Mode
Thailand is now urged to act in response to the country’s strengthening currency. However, it might be a tough balancing act when the country is actively receiving foreign direct investments.
Changan Debuts Premium EV — AVATR In Thailand
Chinese automakers have been causing considerable “alarm” in Thailand, almost to the point of dominance — this time with Changan’s AVATR. The impact even spooked some Japanese automakers out of the country for business reasons.
Samsung Plans To Invest US$1.8 Billion More In Vietnam For OLED Manufacturing
South Korea’s Samsung Display Co plans to invest US$1.8 billion for a factory in northern Vietnam to produce OLED displays for automobiles and technology equipment.
Malaysia Semiconductor Industry Needs Another 60,000 Engineers For Its Growth
Malaysia’s semiconductor industry is thriving, but it needs an additional 60,000 engineers to support its ambitious growth plans, according to Wong Siew Hai, chairman of the Malaysia Semiconductor Industry Association (MSIA), the Independent Singapore reported.
Thailand EV Makers Seek To Renegotiate Government Incentives As Sales Slow
EV sales this year in Thailand likely to miss target of 100,000, with EVAT springing into action to help the industry by renegotiating government incentives.