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Japanese auto brand leads with 110,861 vehicles registered in first seven months of this year; BYD tops list of most electric vehicles registered Toyota is leading the list of automobile brands with the most vehicles registered by buyers in the first seven months of this year. The Land Transport Department (LTD) said on Thursday that a total of 322,627 vehicles with fewer than seven seats using internal combustion engines (ICE) had been registered from January 1 to July 31. Of them 110,861 were Toyota sedans, followed by 57,908 Honda cars and 34,420 Isuzu pickups. As per the Automotive Act, the LTD groups sedans, SUVs, MPVs, pickup trucks and vans with seven seats and fewer as personal vehicles. https://www.nationthailand.com/business/automobile/40040801

Byd seem to have a different view to yours BYD Company Ltd. (BYD) and Toyota Motor Corporation (Toyota) announced today that they have signed an agreement to establish a joint company to research and development for battery electric vehicles (BEVs). The new R&D company, which will work on designing and developing BEVs (including platform) and its related parts, is anticipated to be established in China in 2020, with BYD and Toyota to evenly share 50% of the total capital needed. Additionally, BYD and Toyota plan to staff the new company by transferring engineers and the jobs currently involved in related R&D from their respective companies. On the establishment of the new company, BYD senior vice president Lian Yu-bo said: “We aim to combine BYD’s strengths in development and competitiveness in the battery electric vehicle market with Toyota’s quality and safety technology to provide the best BEV products for the market demand and consumer affection as early as we can.” https://en.byd.com/news/toyota-and-byd-announce-rd-company/

Volvo build Electric cars in many diifferent countries not just China Here an old article march 2022 where they announce production of EV in Malaysia Volvo Car Malaysia Announced To Produce Its First Assembled Electric Vehicle (EV) In Malaysia https://www.mida.gov.my/media-release/volvo-car-malaysia-announced-to-produce-its-first-assembled-electric-vehicle-ev-in-malaysia/

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Majority of people understanding of growth is your bank is offering 50% growth on savings over 1 year so you place example B100k into a bank account and at the end of the year back gives you back B150,000 50% growth on your inital deposit Likewise total EV sales for R,Y,1 were 86,075 fot 2023 50% growth on that figure for 2024 would be total number of sales of 129,112 vehicles or an increase of 43,037 simple take 86,075 +50% equals 129,112

EV only Brands only can one option reduce pricing Brands that build ICE/Hybrid/EV if the market is slowing down they reduce production for that car line and switch their production resources to another one

Spouting Rubbish Last year the total EV sales for R,Y,1 were 86,075 so you reckon by the end of this year number of EV sales based on 50% growth will be 129,112 currently EV sales for the past 6 month stands at 28,651 that means another 100,461 EV to be sold or 16,743 each month over the next 6 months you were spouting the same rubbish a few months ago https://aseannow.com/topic/1320318-bye-bye-electric-hello-hydrogen/page/5/#comment-18710401 I don't believe that the number of ev's sold in 2024 will be more than the 80,075 sold in 2023 I think the finally numbers forthe year ending 31st January 2025 will be between 60-70,000

I think you living in cloud cuckoo land majority of EV manufacturers in Thailand have already downgraded their sales forecast figures for 2024 they are not expecting to sell as many EV as they did in 2023 Hence BYD and MG moving to hybrid's as they are expecting hybrid sales to increase over the next 6 months

Last year the total EV sales for R,Y,1 were 86,075 so you reckon by the end of this year number of EV sales based on 50% growth will be 129,112 currently EV sales for the past 6 month stands at 28,651 that means another 100,461 EV to be sold or 16,743 each month over the next 6 months As of 31st July 2024 there is 44,716,614 vehicles registered in Thailand of those 44 milion plus vehicles 12,060,533 R,Y,1 vehicles so i suspect looking for an EV is like looking for a needle in a haystack

Number of EV's registered in July 2023 5055 Number of EV's registered in July 2024 5468 % growth year on for July is 8.171% or an additional 413 vehicles

Number of EV's registered in July 2023 5055 Number of EV's registered in July 2024 5468 % growth year on for July is 8.171% or an additional 413 vehicles

Are you working for TAT don't know where you get your 33% from and these figures are for the February 1st 2023 to 31st July 2023 and February 1st 2024 to 31st July 2024

Month Total registrations Total ICE excluding EV EV Year July 45561 40506 5055 2023 June 57616 50014 7602 2023 May 58054 52497 5557 2023 April 47787 43967 3820 2023 March 66061 59857 6204 2023 February 65056 59654 5402 2023 Totals 340135 306495 33640 2023 9.89% July 40817 35349 5468 2024 June 43147 37490 5657 2024 May 43196 37926 5270 2024 April 38022 34015 4007 2024 March 45315 40595 4720 2024 February 47063 43534 3529 2024 Totals 257560 228909 28651 2024 11.13%

If you interested in brand new neta v suggest you look at the neta ev facebook groups some dealers offering brand new at B372K There are people looking to sell their neta V because they want to upgrade to neta x one year old cars prices start from around B210K 19Km https://autolifethailand.tv/special-discount-official-price-neta-v-ev-thailand-july2024/

You wouldn't want to be a person that buys at launch When MG ZS EV was launched in June 2019 price was B1,190,000 MG ZS EV, 100% electric car: 1,190,000 baht https://www.headlightmag.com/offcial-photo-mg-zs-ev-thailand/

MG ZS B599,000 https://www.mgcars.com/th/Promotion/Detail/NEW-MG-ZS-promotion

100,000 km over eight years is average 12,500 km per year This site provides Historical Retail Oil Prices going back to 2015 so you should be able to work out your fuel costs for each year rather than take current fuel cost and x that by 8 https://www.bangchak.co.th/en/oilprice/historical?year=2024

The Seal Premium has a 650km range based on NEDC which it would appear that most Seal Premium owners on this forum feel doesn't match real driving This Post states " I have the BYD Seal Premium which is rated at 650 km, realistically I get around 580 km but I do drive conservatively. My efficiency is currently: 13.6 kWh/100 km Battery 80 kw divided by 13.6 = 5.88 x 100 = 588 km range." https://aseannow.com/topic/1257405-electric-vehicles-in-thailand/page/180/#comment-18807216 or if driving a Seal performance range drop's to 450km as this poster stated It costs about 330 baht to fill the battery from PEA for a range of 580km, realistically 450km if you welly it, which I do. https://aseannow.com/topic/1257405-electric-vehicles-in-thailand/page/180/#comment-18807216 And you are incorrect about your assumption that I have ZERO experience of EV's

Here is a detailed chart of the different ranges EPA range and 75% and gives detail on what the 75% means in real life https://www.facebook.com/photo/?fbid=365936039288149&set=a.176402778241477 In Both the EPA range ( light green) and the 75% range (dark green ) the MG ZS EV peforms better than the MG EP Plus according to the chart

As ICE vehicles had 100% market share before EV it's expected that ICE vehicles will lose a % of market share as once you have 100% market share you can only decrease your market share as its impossible to increase market share if you have 100% share of the market if you read the EV facebook group pages the same question always comes up during major public holidays in Thailand from owners that have both ICE and EV's and that question is should I take my ICE or my EV for a long trip and the answer is for long trips take during major holidays take the ICE not everyone has a Byd seal that has a decent range large number of EV's have nearly 50% of the range of a Byd seal premium going on a long trip and its a choice between Byd seal premium and MG EP Plus its a no brainer Byd seal wins hands down

DLT Numbers indicated that ICE vehicles are substantially increasing each year compare to EV For 2024 257,760 people purchased R.Y.1 ICE compared to 28,651 purchasing an EV A whopping 229,109 people chose ICE vehicles over an EV For 2023 577,821 people purchased R,Y,1 ICE compared to 75,707 purchasing an EV Combined R.Y.1 ICE figures for 2023 and 2024 indicate a whopping 835,581 new ICE vehicles compared to 104,358 EV's In manufacturing terms they focus on how many vehicles did they sell and how many vehicles did their competitors sell in the same vehicle category

you posted " that suggests people are turning away from EV's and buying ICE instead when the opposite is true." which is incorrect as the DLT stats prove otherwise As for people buying an ICE car now going to be kicking themselves in the future. we will have to wait and see

Clearly Before EV's ICE had 100% market share and when Ev's started selling the 100% market share would be reduced I stated that the number of EV sales dropped by 4,086 compared to the same period as last year majority of people alreadly know the reasons why automotive sales in Thailand are down this year Did I suggest that people are turning away from EV's and buying ICE NO I didn't and your post that suggests the opposite is happening people are buying EV's instead of ICE is clearly incorrect and the published figures from DLT show 257,760 people purchased ICE compared to 28,651 purchasing an EV A whopping 229,109 people chose ICE vehicles over an EV And here is my original post which is factually correct "I know EV sales are slighty down for the 6 months of this year February to July 2024 compared to the same period in 2023 "