ExpatOilWorker

How did the BYD test drive go? I am impressed by how many km you have put on the Fortuner, the best wine shops must be far from your home.

Interesting and odd at the same time. Not sure why the two quotations differ so much. Maybe someone with more insurance experience can enlighten us?

Hitting the news reel. The BOT might spring into action. https://www.nasdaq.com/articles/emerging-markets-thai-baht-falls-most-among-asian-currencies

Maybe it is just a move prior to the FED rate decision just after midnight tonight.

Good points, but why today? Balance of trade data is due for release September 26th, maybe someone leaked the numbers. 10 out of the past 12 months have been a deficit.

We already did the math, electricity consumption in Thailand will increase by 0.06% per 100,000 EVs added. ???? ???? ????.

I partly agree with you, profit doesn't matter.....for now. I thing we are in the a golden era for EV buyers right now and possibly for another year or so. Let's face it, you get a lot of car in Neta, BYD and MG for the 550-900k baht you pay. Eventually governments will get tired of paying the bill and manufacturers are done fighting over market share. At that point even the Chinese manufacturers will have to sacrifice growth for profit and sell cars at higher prices then we see today.

Very interesting report, but aren't they all missing the elephant in the room? Profit? Are MG, BYD and other Chinese EV manufacturers even profitable without the subsidies?

Thailand’s revenue departments has released new guidelines which will see all income from abroad taxed as personal income tax regardless of whether it was earned income or savings. A senior official at the Ministry of Finance confirmed a document released by the revenue department over the weekend was accurate. According to the document, “…those that have earnings from occupation or business abroad or wealth that is located abroad…and has brought these assets into Thailand…must factor this into their personal income tax for the year.” The program will begin January 1, 2024 and apply only to tax residents in Thailand meaning tourists and short term workers will be exempt. It is unclear at this point how this will apply to foreigners living in Thailand on a retirement visa. This is a developing story and will be subject to update. https://www.thaienquirer.com/50744/thai-government-to-tax-all-income-from-abroad-for-tax-residents-starting-2024/

There can only be one winner ????.

Let me know if you need help kicking the 20" tires on the Volvo, I will also be at CTW tomorrow.

Volvo is showing their EX30 and C40 models at Central World, but I see a few flaws, NCM batteries, made in China ???????? and price ????.

Is there a price list? All I see is adds and them pushing their app.

Don't forget the R rating.

Who is paying for this party? Oil ???? is about to hit $100.

I mean the main drive battery. Is it LCO, LMO or the newer LFP?

What type of battery does your MG have?

Yep and the Reddit poster have a little heavier foot than LA and in the right unit. What was the comments on the Reddit post?

12.3 kWh/100 km is the correct value, it is just displayed in the wrong unit (km/kWh).

SeñorLA's MG is displaying the wrong unit for milage. Ur MG isn't doing the same?

The challenge for EU is not so much all the new name Chinese brands arriving in Europe, the real danger is if European manufacturers start producing EVs for the Europen market in China ????????. Then it is game over for the Europen car industry and million of jobs are lost

Very good and reasonable comment. I will be the first to admit that EVs look amazing when you see the new Tesla model S accelerate to 328 km/h, wow! EVs are new technology and it is natural to expect some pushback from a generation that have watched 20 seasons of Top Gear. As often pointed out, EVs are not for everyone, long distance travelers, if u haul heavy loads or live in condo where charging is complicated. The fact that governments are pushing EVs with tax rebates, lower road tax and other subsidies is also a sore point. EVs are often not as perfect as glittering sales brochures wants us to believe. MG is showing milage in the wrong unit, BYD have software glitches after an upgrade, etc. In 2020 China exported fewer cars than Thailand in 2023 China will overtake Japan as the worlds biggest car exporter. I have bought plenty of junk from China, only the future will tell if Chinese cars are any different. Hopefully MG/BYD owners will share if the honeymoon period last over the next 3-5 years.

You didn't have a 90 baht plate of rice, you had a 500 baht gourmet dinner.

Latphrao Road.