Horizon Plus buys land in Bangkok, Thailand to build e-buses.

Advanced Electric Machines Ltd (AEM) based in Washington, UK, has announced it has signed a Memorandum of Understanding with Cho Thavee Public Company Limited (CTV) of Khon Khaen, and ASIA CAB Co of Bangkok, for the development of a retrofit solution that will enable ICE cars to be electrified with AEM motors.

The Thai commercial vehicle market over 2 tons gvw declined by a further by 12% to 113,953 in the fourth quarter of 2021 from an already weak 129,470 units in the same period of the previous year, according to data and some estimates from industry sources compiled by www.AsiaMotorBusiness.com. 

Sales of pickup trucks, excluding passenger vehicle derivatives, declined by over 14% to 100,846 units in the fourth quarter of 2021 from 117,481 units a year earlier, resulting in full-year sales falling by 6.5% to 341,343 units from 364,883 units in 2020. The performance of segment was affected by sluggish domestic economic activity, which was affected by covid outbreaks particularly in the second half of the year.

The Thai market for commercial vehicles over 2 tons gvw declined by over 24% to 81,585 units in the third quarter of 2021 from an already weak 65,795 units in the same period of last year.

Bridgestone Tire Manufacturing Thailand Co., a subsidiary of Bridgestone Corp., based in Tokyo, Japan, has added solar panels to the roof of its manufacturing facility in Chonburi.

The Thai market for commercial vehicles over 2 tons gvw plunged by over 34% to an estimated 94,255 units in the second quarter of 2021 from 70,151 units in the same period of last year.

Thai renewable energy company, Energy Absolute Plc (EA) in July said it planned to deliver 600 battery-powered buses to a public transport fleet operator in Bangkok by the end of 2021.

The Thai commercial vehicle market over 2 tons gvw declined by 2.9% to an estimated 103,491 units in the first quarter of 2021 from weak year-earlier first quarter sales of 106,561 units.

Knorr-Bremse recently celebrated the official start of production of its Recirculating Ball (RCB) Integral Power Steering (IPS) at its new plant in Chachoengsao, east of Bangkok, Thailand.

Sales of medium and heavy-duty commercial vehicles over 6 tons gvw are estimated to have declined by over 23% to 19,589 units in 2020 from 25,575 units in the previous year, reflecting declining investment, trade and domestic consumption over the full year.

The market for other light commercial vehicles between 2-6 tons gvw declined by 7.8% to 6,041 units in the fourth quarter of 2020 from 6,552 units in the same period of the previous year, resulting in a 14.5% fall in full-year sales to 19,450 units from 22,760 units in 2019.