Thai Electric Car Market Faces Challenges: Manufacturers Mull Over Dropping Government Subsidies

December 8, 2024 – According to a report in the Bangkok Post today, the Electric Vehicle Association of Thailand (EVAT) has revealed that due to the continued downturn in the automotive industry, many electric vehicle manufacturers are considering withdrawing from the government’s electric vehicle incentive program and adjusting their production plans accordingly. Companies participating in…

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Rivian Uncovers: Xiaomi SU7 Reveals China’s Supply Chain Advantage, Cutting Costs by 20%-40%

September 14, 2024 – In a surprising revelation, American electric vehicle upstart Rivian has procured the Xiaomi SU7 for benchmarking purposes, as reported by automotive outlet insideevs on September 12th. The publication hailed the SU7 as the ‘Chinese Apple Car’ in its headline, highlighting the vehicle’s significance. The confirmation came from Rivian CEO RJ Scaringe…

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