{"id":19349,"date":"2024-07-28T12:20:30","date_gmt":"2024-07-28T05:20:30","guid":{"rendered":"https:\/\/blink-drive.com\/?p=19349"},"modified":"2024-07-28T12:49:25","modified_gmt":"2024-07-28T05:49:25","slug":"clarification-on-the-thai-electric-vehicle-market-addressing-misinformation-from-nikkei-asia","status":"publish","type":"post","link":"https:\/\/blink-drive.com\/index.php\/2024\/07\/28\/clarification-on-the-thai-electric-vehicle-market-addressing-misinformation-from-nikkei-asia\/","title":{"rendered":"Clarification on the Thai Electric Vehicle Market: Addressing Misinformation from Nikkei Asia"},"content":{"rendered":"\n

BANGKOK<\/strong> \u2013 A recent report from Nikkei Asia has caused significant controversy by claiming that the Thai government\u2019s subsidies for Chinese electric vehicle (EV) makers have resulted in a massive oversupply of EVs, triggering a price war and severe disruptions in the traditional automotive sector. The report, which cited the Electric Vehicle Association of Thailand (EVAT)<\/a>, has been strongly refuted by EVAT President, Mr. Krisda Utamote<\/a>, who clarified that the figures and implications presented are misleading and incorrect.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Chinese EV makers capacity in Thailand<\/th>(In units per year)<\/th><\/tr><\/thead>
Neta<\/td>200,000<\/td><\/tr>
BYD<\/td>150,000<\/td><\/tr>
Changan<\/td>100,000-200,000<\/td><\/tr>
MG<\/td>100,000<\/td><\/tr>
GWM<\/td>80,000<\/td><\/tr>
GAC AION<\/td>50,000<\/td><\/tr>
Source: National Economic and Social Development Council<\/td> <\/td><\/tr><\/tbody><\/table>
Cite : Asia Nikei<\/a><\/figcaption><\/figure>\n\n\n\n

The Misinformation from giant news in Asia.<\/strong> <\/h2>\n\n\n\n

The article by Nikkei Asia<\/a> claimed that Thailand now has 490,000 unsold EVs<\/strong>, equivalent to 63% of all vehicles produced in the past year. This figure, according to the report, has led to significant production cuts and closures among traditional auto manufacturers and parts suppliers in Thailand.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The Facts<\/strong> from EVAT’s President.<\/h2>\n\n\n\n

Mr. Krisda Utamote, a seasoned expert with over 23 years in the automotive industry, has categorically denied these claims. He clarified that the number 490,000 refers to the projected production capacity of the seven EV manufacturers participating in the EV 3.0 scheme, not to unsold vehicles languishing in dealer inventories.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Here are the correct figures:<\/strong><\/p>\n\n\n\n