ExpatOilWorker

I hope she will avoid the Chinese Cobalt mine. 1694049325292.mp4

Yes, EVs get a tax advantage. Just spoke to BMW at the motorshow. +4% tax for plug-in hybrid vs. +25% tax for pure diesel ⛽️.

If you really want to impress the in-laws and give the little titac face value back in the village, BMW also have an EV for that.

BMW offer cheaper options.

Why does a fully electric vehicle even have a 12 V lead battery?

BMW have a worthy alternative ???? ????.

What happens towards the end of the video? Is the accident and dead body the same guy from the side of the road?

What, why do we need to know his age?

Taxes are really not effective at solving the core problem, the Chinese will just make an even cheaper product and still kill domestic manufacturers. It is much better to impose strict safety standards and customer warranty protection, which is how the EU operate. The problem is inforcing these rules and that is where banana republics fail and the Chinese can kick the door wide open. Direct from China, to you and a landfill nearby. Sooner or later Thailand (and other smaller nations) will have to act, China is bleeding their foreign reserves dry.

Good point. Maybe there are two after all or maybe CIMB Thailand is registered domestically similarly to Citi Bank use to be. I am not sure, but well spotted.

They better act now, or China will crush the Thai auto industry. https://www.nytimes.com/2023/09/06/business/china-car-exports.html?smid=tw-share

I think my math and 143 billion % is correct. Annual rate = ((1.5^52)-1)×100 [%]

You are correct and there is a domestic banking monopoly in Thailand. Only one foreign bank have a retail banking license in Thailand and that is UOB. Banks in Thailand all agree to a huge deposit to out loan spread, even UOB.

Here we have 82 EV fires in 2020 and 146 (extrapolated) in 2021. That gives us 15.2 EV fires/billion miles. August looks like a bad month. EVs don't like hot weather, April 2024 should be interesting. https://cnevpost.com/2021/06/07/ev-fires-in-china-more-than-double-in-first-five-months-compared-to-same-period-last-year/

Under Section 654 of Thailand's Civil code, the maximum annual interest rate on a loan is set at 15% per year. https://www.thaiexaminer.com/thai-news-foreigners/2022/03/06/call-the-police-on-loan-sharks-says-big-joke/#:~:text=Under Section 654 of Thailand's,%2C this rises to 5%.

That is a whopping 143,464,837,400% annual interest rate.

It was a close call and this time the EV walks away, but relax, it is still early EV days in Thailand ????????. All EV fires ???? counts, just wait until Somchai uses his brothers welding kit as charger, fix a few cables DIY style, little Nut spill her soda pop down the dashboard, rats ???? get a taste for Chinese cable insulation, the uneven Thai roads kiss ???? the underside of the battery pack at 120 km/h, raw sewage water ???? fill the soi where you parked over night, not to mention the infinite different ways Thais generally manage to crash cars at a daily basis. Strap in, interesting times ahead.

That is a pipe dream, we are talking about Chinese EVs after all. Deception and propaganda is written in the manual.

All opinions are welcome here, there are no wrong opinions, just different opinions in a healthy debate.

It will be news in gossip loving ❤️ Thailand for many more exciting and flaming years to come. Currently there are about 35,000 EVs registered in Thailand, make that 50,000 on average in 2024 and we should expect to see 1.4 EV fires/year. Beyong statistical notmal variation, higher numbers than that and we need to have a closer look at these gadgets again ????.

A resounding YES to EVs are a factor 10 less likely to catch fire than ICE and it is refreshing that you are no longer parading the below EV propaganda. Welcome to free thinkers club.

OK, lets assume the below average for each year. 2020: 3 million 2021: 5 million Covid will severely distort the milage number, so I only give them 3,000 km/vehicle/year. The 86 reported fires ???? then give us: 5.7 EV fires/billion miles. Spot on the same as the US numbers and 10 times lower then ICE.

86 might ne the only number we can use, although it could suffer from Chinese under reporting. Do you have the numbers for EV registration in China from 2020-22?

Do you have a link to the Chinese car news site? It could be something as simple as a translation error.

Covid could party explain the low 2020-22 numbers, but not the high 2023 numbers.