vinny41

Are you testing out your favorite brand of EV since they have delayed their launch in Thailand VinFast Secures Top Market Position in Vietnam Hanoi, November 12, 2024 – VinFast announced it has delivered more than 11,000 electric vehicles (EVs) to domestic customers in October, bringing its total sales since the beginning of the year to over 51,000 EVs. This positions VinFast as the best-selling automotive brand in the Vietnamese market for October and the first ten months of 2024. VinFast is confident in maintaining its domestic leadership and contributing to the green transition of Vietnam’s transportation sector. Following strong sales in September 2024, VinFast continued its momentum in October by delivering more than 11,000 EVs—a 21% increase over the previous month. The VF 3 and VF 5 were the top-selling models, with nearly 5,000 EVs and over 2,600 EVs sold, respectively. https://vinfastauto.us/investor-relations/news/vinfast-secures-top-market-position-in-vietnam#:~:text=Hanoi

As you have previously mentioned both your daughters are in University I am sure they can explain the post if you don't understand I am sure the Chinese shareholders and the fully paid up ev influencers reading this forum understood my post

There are still various subsidies in place for EV for this year until the end of 2027 under the BEV 3.5 incentive policy they are divided into 2 sections 1) Passenger Bev For both imported and locally assembled passenger BEVs based on battery sizes and price 2) For BEV pick-up trucks and e-motorcycles (locally assembled ones only): for pick-up trucks based on weight price and battery size Passenger Bev subsidy is reducing each year while Thailand built BEV pick-up trucks and e-motorcycles for subsidy remains the same for the period 2024- until end of 2027 This article contains all the details on the various subsidies https://www.ey.com/en_gl/technical/tax-alerts/thailand---subsidies--duties--excise-tax-incentives-to-encourage The entire car market in Thailand has changed in the case of the used car market there has been huge increase over the past 2 years of repossessions which has had an knock on affect to the used car market due to oversupply of additional cars entering the used car market and banks and finance companies selling those vehicles for whatever they are offered and then going after the original purchaser or the guarantor if the sale of the vehicle doesn't cover the outstanding balance when we look at car buyers in Thailand they should be divided into 2 groups Expats and Thai Majority of expats normally pay for their vehicles in cash while the majority of Thai nationals tend to finance their vehicle purchase Some Thai nationals will pay cash and likewise some expats will pay for their vehicles via finance however I supect they are in the minority In the past people would keep their vehicles for 4/5 years received a reasonable trade in value for their vehicle and used that for the down payment on a new vehicle Banks and finance companies are now asking for down payments of between 25% upwards as they are concerned about NPL ( repossessions ) I have seen many reports in the facebook groups of people deciding to keep their existing vehicles longer due to the low offer they have received on their trade-ins over the next few years we should find out how long batteries last as between this year and 2032 there are over 20 million ev's in china where there battery warranty has ended Nio's William Li urges more focus on battery life as warranties expire on nearly 20 million NEVs over next 8 years Li said batteries with lifetimes of up to 15 years are technically feasible, but it will take a concerted effort by the entire industry to advance the goal. https://cnevpost.com/2024/03/17/nio-william-li-urges-more-focus-on-battery-life/ In the USA Nissan has started a buyback scheme as batteries are failing within the 8 year warranty period and Nissan are having problems sourcing replacement batteries with some owners reporting waiting for 12 months or longer Just received a call from Nissan offering a repurchase for my 2016 SV Nissan leaf 30kwh, said new battery might take 6 months to a year, has anyone with the same vehicle taken the repurchase ? Mine currently has 98,000 miles and is in a good overall condition. If yes to my question could you tell me how much was your repurchase offer ? Or any idea how much is worth ? I'm in USA Texas https://www.facebook.com/groups/NissanLeafOwners/posts/7030862667011662/

Here is the full graphic from EV Club Thailand group on Facebook. which shows 2023 and 2024 registration figures and market share number of EV sales in 2023 was approx 90,000 and December sales are shown in January 2024 ev registration numbers

I think you will find that Neta had talks with PTT about PTT providing a factory for building neta cars in Thailand In the end Neta selected a different company NETA's EV manufacturing plant in Thailand is a collaboration between NETA and Bangchan General Assembly Co., Ltd. https://www.neta.co.th/en/news/brands-pr-news/NETAproductioninThailand Neta V” is not an EV brand “PTT” “Arun Plus” moves forward with a complete production plant https://www.bangkokbiznews.com/auto/1038676 So the planned new factory was for Arun Plus PTT own brand of EV

I think you must be smoking something strong if you think the EV market share is increasing substantially based on those numbers I don't think the EV brand manufacturers would agree with you since if demand was outstripping supply I am not aware of any industry that if demand was greater than supply would feel the need to resort to price reductions to increase their sales As previously stated many times before EV were available ICEV had 100% market share so it only takes to sell 1 EV for ICE vehicles market share to be decreasing. As for your request to do the research I chosed the option if you want the figures you should provide them yourself and you would have found it takes a lot of time and effort where looking at 2 links from 2023 and 2024 on Ev registrations took approx 2 minutes

Where is the misinformation. and I believe from a mod post becuase people don't agree with your views doesn't mean they are trolls I provided link for current ev registrations January to October 2024 and the whole of 2023 look at the 2023 link look at the total number of EV registrations remove the November and December figures and you have total number of ev registrations for the period of January to October 2023 then compared that with the 2024 link that shows total number of ev registrations for the period of January to October 2024 that is how you reach a YOY % increase of 2.159% difference between 2023 and 2024

Here an idea you walk into your car dealership you looking for a new car the salesman offers you 3 sealed envelopes envelope 1 shows the current market price envelope 2 shows the price after the 1st price reduction because the car isn't selling in the numbers that the brand require envelope 3 show the price after the 2nd price reduction Now if you absoutely need a new car next week or next month people will be forced to go with envelope 1 the others will more than likely walk out of the door and wait for envelope 2 or envelope 3 pricing

I was always told if you want something done do it yourself You want to know market share to support your beliefs even when the absolute numbers on the door show a different view meanwhile a new EV Factory in Thailand has been put on hold Read More: https://www.kaohooninternational.com/markets/548215

Sorry No can do and buyer behavior or market share doesn't sell cars going forward I think the Chinese EV Brands are going to have to rethink how they sell cars Maybe one solution would be a Guaranteed Future Value based on part costs so you take the 20 most expensive parts of a new EV and the brand offers you a GFV value taking into account wear and tear useage etc etc

Currently YOY ev registrations for 2024 for period 1st January 2024 to 31st October 2024 are 59,327 an increase of 2.159% over same period in 2023 ev registrations for same period 2023 numbers are 58,074 EV sales for the whole of 2023 was approx 90,000 EV sales for 2024 currently are 45,674 We will have to wait and see if 45,000 ev are sold between November 1st and 31st December 2024 problem I see if your buying a new car that costs B1 million baht do you buy when launched at B1 million or do you wait for 1st priice reduction after 7-8 months and buy at B750,000 or do you wait for 15 months and buy at 50% price reduction of B500,000 https://autolifethailand.tv/total-ev-bev-register-2023-thailand/ https://autolifethailand.tv/ev-register-oct-2024-thailand/

I am sure if you dangle the seal keys in front of her she might say okay Dad

You should try and steer your daughter away from MG5 to something else The MG 5 sedan has been awarded a zero-star ANCAP safety rating against the latest 2023-2025 testing protocols. The small sedan is one of two vehicles to receive a zero-star ANCAP safety rating under these latest testing protocols. The other vehicle is the Mahindra Scorpio body-on-frame SUV. https://www.carexpert.com.au/car-news/mg-5-receives-zero-star-ancap-safety-rating

Why don't you ask KhunLA the same question

I agree it was wrong timing for op but MG offloaded the ZS last August that was the time to buy if looking for a 5 seater

In your recent post you stated "Except, I've owned what I talk about, Whether recommending or stating, I wouldn't bother again." I must admit I missed all the posts where you have raved about MG VS HEV ownership for most families safety is there 1st priority when choosing a motor vehicle although this doesn't always seem to the case in Thailand where I have seen adults riding motorcycles with helmets and no head protection for the children riding with them Luggage space is also important if you going away for long weekend to beach children toys, push chairs As for MG customer service Its made the news this year when a man held a demonstration at the Motor show last march after his car came to a sudden halt while driving with his child I read that MG identfied the problem of the EP going into safe mode while using the air con in May 2023 https://ev.iphonemod.net/mg-air-conditioning-system-problems-on-new-mg-ep-clarified/

the Veloz is a 7 seater where the MG VS HEV is 5 seats only when it comes to luggage space he Toyota Veloz has a generous amount of luggage space, with 498 liters of boot space when the third row of seats is folded down. Even with all seats occupied, the boot can still fit two cabin bags. The Veloz also has roof rails that can support up to 75 kg of cargo. The Veloz is a crossover vehicle that combines features of both SUVs and MPVs. It has a roomy cabin that can comfortably seat up to seven passengers across three rows. The middle row's captain's chairs are designed to be more comfortable and make it easier to access the third row. MG VS HEV Rear luggage space 383 – 1,372 litres (when rear seats are folded) Unlikely that the op would ever be using with rear seats folded as there would be no space for children to sit and price range for MG VS HEV is from B699K-B759K so luggage space on Veloz is 115 litres more than MG VS HEV https://autolifethailand.tv/discount-price-mg-vs-hev-may-2024/ While pricing is important when buying an car buyers need to check how well do dealerships handle issues when the arise availablity of parts and the overall ownership of your purchase Here is a survey of UK dealerships on various brands sold in the UK MG voted worst car manufacturer to represent in Car Dealer Power 2024 survey Car Dealer Power 2024 poll serves up woeful scores for MG Motor UK https://cardealermagazine.co.uk/publish/mg-voted-worst-car-manufacturer-to-represent-in-car-dealer-power-2024-survey/304472

And the op is looking for a family car for him his wife and 2 small children I am sure most families when looking for a family car very low down on their list of requirements are maximum horse power and maximum torque In Fact I don't know of anyone that has purchased a family car where their prime requirement is performance they tend to look at more the safety aspects types seat belts and fixtures air bags and other safety features In Thailand it is still possible to buy a new car where airbags are for driver and front passenger while other brands in Thailand offer 6 or 7 airbags for all passengers not just driver and front passenger And your basing your recommendations on your requirements not the op's I think the whole forum would be shocked if MG man recommended a brand that didn't include MG in the recommendations

To answer your question you should really pm existing Veloz forum members such @srowndedbyh2o @mudcat @triplez @luckyscruff Othewise the EV fanboys on this forum will steer you in the direction of an EV regardless if it is the right choice for you and your family or not

In 1985 there was some people did took a punt at buying the Sinclair C5 at a discounted rate of £140 today those unboxed never use C5 are selling for £5,000 3600% increase of the original purchase price https://www.footmanjames.co.uk/blog/sinclair-c5-electric-car-the-future-too-soon Your MG ZS EV maybe a classic car in 25 years time

You do spout some rubbish EOL is when a manufacture chooses to no longer build example MG ZS 2019 went eol when MG started building MG ZS 2022 Tell the million of classic car owners that their ICEV vehicles are basically scrap metal your living on a different world if anything the older ICEV vehicles are more expensive than when they were sold originally Look at Shelby Cobra 427 as a good example The price of a Shelby Cobra 427 can vary widely depending on the model year, condition, mileage, options, and history: 1965 Shelby Cobra 427 In 1965, a new Shelby Cobra cost around $6,000. In 2023, a 1965 Shelby Cobra 427 sold for $660,000 at Mecum - Indy. 1966 Shelby Cobra 427 A 1966 Shelby Cobra 427 in good condition with average specs typically sells for around $1,300,000. In 2023, a 1966 Shelby Cobra 427 sold for $1,430,000 at Mecum - Kissimmee. 1966 Shelby Cobra 427 Super Snake One of only two ever made, this model is highly sought-after by collectors and can sell for millions of dollars.

I do believe the same applies for lifetime waranty on EV batteries i have seen reports where the warranty reverts to the standard warranty of 8 years

You have to understand the MG ZS is cheap for a reason its End of Life it is being replaced by a new model which will be launched at Motor show at the end of this month or at Motor show in March there nothing wrong with buying an EOL car just so long as you understand its EOL and EOL does have an impact on future resale values The pricing of the new model seems to be extremely competitive in China have to wait and see if similar pricing will be the same for Thailand https://carnewschina.com/2024/11/06/mg-es5-electric-suv-enters-china-for-13950-usd-with-subsidies/

Maybe the member that posted numbers that can't be vertified by the stats from the offical data collector DLT registrations should consider checking with their sources before posting as the official source for all vehicle registrations is the DLT website https://web.dlt.go.th/statistics/

Here is a snapshot of a spreadsheet from the DLT Its easy to find Number of newly registered vehicles classified by fuel type (monthly) Select relevant month https://web.dlt.go.th/statistics/