Tata Motors a national car manufacturing companyIndia Preparing to introduce the Tiago Hatchback electric car model. It reached 10,000 orders on its opening day in October and topped 20,000 orders in November.
WORLD Bring the Midrage model car. in the Dynasty and Ocean series cars enter the Asian market More than 2 million of these new cars are sold in 2022, and BYD has changed its target. turned to create more growth in the South East Asian market and became very popular in Singapore.
SAIC-GM-Wuling Members of SAIC Motor Group Launch the Air EV model of a low-cost entry carIndonesiain August The price of this car is only 30% of the Hyundai Ionic EV. And cheaper than gasoline-powered minivans from Japanese car companies that sell well in Indonesia.
Air EV now controls 70 percent of total EV sales in Indonesia, and around 300 of them were used as lead vehicles at the G20 meeting in Bali last month.
car partHyundaiThe Sonic series resonates with Korean, European and other markets and aims to attract young consumers in Indonesia. by competing on price with car companiesChina
in Vietnam VinfastThe Vingroup promised to stop producing fuel vehicles this year and deliver goodsan EV carto the United States at the end of November, which is 50% cheaper than Tesla cars.
sideTeslaTrying to push cars into the Asian market to compete with the growing number of car companies in the region as well. and decided to officially launch in Thailand which is the second market ofASEANafterSingapore It will go on sale in the first quarter of next year. ready to build a network of car service centers and charging stationsbattery Tesla’s Model 3 starts at 1.75 million baht, which is three times lower than the price of imported cars.
Yulon Motor a national car manufacturerTaiwanit can also shine in 2023, which the company is preparing to achievean electric carLux Gen N7 model in the second quarter of next year
Hong Hai Precision Industry the parent company of Foxconn, Apple’s main supplier. Invest with Yulon and other EV production in the US join as an alliance with PTT Thai oil Company to build factories in Thailand as well
Japanese car companies are trying to maintain their customer base in Asia as well. Toyota Motor The bZ4X was launched in Thailand, the first non-Lexus EV. Both are preparing to benefit from the Thai EVs subsidy to expand the customer base in the country.
In addition, data from LMC Automotive reveals that the market for electric vehicle batteries is rising faster than expected in ASEAN. especially Thailand and Indonesia
