Electric Vehicles in Thailand

[vinny41]

20 minutes ago, richard_smith237 said:

 

You deliberately post half a factoid / half the story in an attempt to distort the reality of what is happening....   Its not lying or telling a miss-truth....   Its just not telling the whole truth. 

 

EV Sales are Down

ICE Sales Are Down.

EV Sales are down less so than EV sales - the EV's side of the car industry is weathering this 'market downturn' better than the ICE side of the car industry.

 

Its not really that hard to understand is it ?

And yet

Year on Year sales figures for 2024 was a decrease of EV car sales by 23.46% compared to 2023

 

Total number of EV car sales 2023 89,967

Total number of EV car sales 2024 68,860

If EV sales were increasing why would the Chinese EV brands request to renegotiate EV 3.0 local production schedules it wouldn't make sense 

and the title of this thread is

Electric Vehicles in Thailand

[richard_smith237]

6 minutes ago, vinny41 said:

And yet

Year on Year sales figures for 2024 was a decrease of EV car sales by 23.46% compared to 2023

 

Total number of EV car sales 2023 89,967

Total number of EV car sales 2024 68,860

If EV sales were increasing why would the Chinese EV brands request to renegotiate EV 3.0 local production schedules it wouldn't make sense 

and the title of this thread is

Electric Vehicles in Thailand

 

I don't think you are very sharp vinny....   No one is denying that ALL car sales are down.

 

 

I'll keep it simple for you.

 

In 2023 you sold 80 Apples and 20 oranges (total fruit sales: 100)

In 2024 you sold 42 Apples and 18 oranges (total fruit sales: 60)

 

Proportions: 

In 2023 Apples sold 80% of the Market and Oranges 20% of the Market. 

In 2024 Apples sold 70% of the Market and Oranges 30% of the Market. 

 

Even though total fruit sales dropped - the market share of oranges increased from 20% to 30%

 

 

I took this example from my primary schools son's maths text book - I hope you can manage to keep up...    After all, it can be explained to you, but it can't be understood for you.

 

 

 

[KhunLA]

Not sure what there is to know, or care about.   The facts and future are ...

... worldwide sales are down, now, across the board

... ICEV are losing market share, and will continue to do so, year after year

... BEV, and all EV overall, will gain market share, and will continue year after year in the future.

... BEV and or next new energy version of non fossil fuel vehicles will make ICEV a thing of the past.  Only to be seen in collector's garages & museums.

 

If you have any legacy auto maker stock, sell now before you take a total loss 

[ExpatOilWorker]

35 minutes ago, richard_smith237 said:

 

I don't think you are very sharp vinny....   No one is denying that ALL car sales are down.

 

 

I'll keep it simple for you.

 

In 2023 you sold 80 Apples and 20 oranges (total fruit sales: 100)

In 2024 you sold 42 Apples and 18 oranges (total fruit sales: 60)

 

Proportions: 

In 2023 Apples sold 80% of the Market and Oranges 20% of the Market. 

In 2024 Apples sold 70% of the Market and Oranges 30% of the Market. 

 

Even though total fruit sales dropped - the market share of oranges increased from 20% to 30%

 

 

I took this example from my primary schools son's maths text book - I hope you can manage to keep up...    After all, it can be explained to you, but it can't be understood for you.

 

 

 

Good lesson, but a lot of the oranges 🍊 sold since 2023 have turned out to be lemons 🍋. 

[vinny41]

23 minutes ago, richard_smith237 said:

 

I don't think you are very sharp vinny....   No one is denying that ALL car sales are down.

 

 

I'll keep it simple for you.

 

In 2023 you sold 80 Apples and 20 oranges (total fruit sales: 100)

In 2024 you sold 42 Apples and 18 oranges (total fruit sales: 60)

 

Proportions: 

In 2023 Apples sold 80% of the Market and Oranges 20% of the Market. 

In 2024 Apples sold 70% of the Market and Oranges 30% of the Market. 

 

Even though total fruit sales dropped - the market share of oranges increased from 20% to 30%

 

 

I took this example from my primary schools son's maths text book - I hope you can manage to keep up...    After all, it can be explained to you, but it can't be understood for you.

 

 

 

All manufacturers their primary focus is numbers when a company builds a new factory the factory is assigned a target number of builds 

It would appear that the Board of Investment listened to the EV manufacturers concern  regarding weak local sales and that there would be an oversupply of vehicles if they were required to build 1.5 vehicles for every imported car sold between 2022 until 2023 that would be126,000 local builds + new imports for 2025 + imports for 2025 that aren't part of EV 3.0 or EV 3.5 subsidy such as geely as one brand example
https://www.bangkokpost.com/business/motoring/2914031/thailand-extends-ev-production-deadlines

Bottom line  manufacturers focus on car sales numbers not market share

[Pib]

Just like in the "horse & buggy to motorized vehicles days" the transition from ICEV to EV will take decades---but it is happening with the typical ups-and-downs for most any technology trend.   The ups-and-downs will be affected by the economy, trade and real wars, people becoming use to the new technology, etc.   

 

EOW, Is that your great, great grandmother petting the horse in her new petrol vehicle?   😜😉

 

 

[vinny41]

2 hours ago, richard_smith237 said:

 

I don't think you are very sharp vinny....   No one is denying that ALL car sales are down.

 

 

I'll keep it simple for you.

 

In 2023 you sold 80 Apples and 20 oranges (total fruit sales: 100)

In 2024 you sold 42 Apples and 18 oranges (total fruit sales: 60)

 

Proportions: 

In 2023 Apples sold 80% of the Market and Oranges 20% of the Market. 

In 2024 Apples sold 70% of the Market and Oranges 30% of the Market. 

 

Even though total fruit sales dropped - the market share of oranges increased from 20% to 30%

 

 

I took this example from my primary schools son's maths text book - I hope you can manage to keep up...    After all, it can be explained to you, but it can't be understood for you.

 

 

 

I did find your post amusing you state that you think i am not that sharp yet it you that have chosen to attack the poster rather than the post

Clearly that indicates you have lost the plot

[ExpatOilWorker]

1 hour ago, Pib said:

Just like in the "horse & buggy to motorized vehicles days" the transition from ICEV to EV will take decades---but it is happening with the typical ups-and-downs for most any technology trend.   The ups-and-downs will be affected by the economy, trade and real wars, people becoming use to the new technology, etc.   

 

EOW, Is that your great, great grandmother petting the horse in her new petrol vehicle?   😜😉

 

 

Nope, it is one of my seven sisters 😉. 

We are facing daunting future.

 

[JBChiangRai]

4 hours ago, carlyai said:

@JBChiangRai Re Charging Pod. Sealion 7 has 2; one is ventalated the other not.

We use Android Auto to stream the phone audio and I don't think the phone overheats. 🙂

Thanks anyway.

Sealion 1 Seal 0

 

1 hour ago, ExpatOilWorker said:

Good lesson, but a lot of the oranges 🍊 sold since 2023 have turned out to be lemons 🍋. 

 

Sounds like sour grapes Oily

 

You’re a bit tart with your acidic comments. Run out of juice? Can’t we squeeze some more comment out of you or have we reached the pips, maybe you can comment something more pithy.

[carlyai]

@JBChiangRai think I was wrong about the pods. The left one is ventalated but I don't know what the right one is yet. 

I was playing around with the BYD phone app and needed to place my phone down on the unventilated pods to take a QR code shot for the digital key. So not sure what this pod is.

[motdaeng]

1 hour ago, carlyai said:

@JBChiangRai think I was wrong about the pods. The left one is ventalated but I don't know what the right one is yet. 

I was playing around with the BYD phone app and needed to place my phone down on the unventilated pods to take a QR code shot for the digital key. So not sure what this pod is.

 

the sealion 7 comes with just one ventilated wireless charger.

 

how does the built-in sim card work? i asked my byd dealer to replace my useless sim card (from singapore) because the connection keeps failing most of the time.

 

[Gweiloman]

12 hours ago, Pib said:

Just like in the "horse & buggy to motorized vehicles days" the transition from ICEV to EV will take decades---but it is happening with the typical ups-and-downs for most any technology trend.   The ups-and-downs will be affected by the economy, trade and real wars, people becoming use to the new technology, etc.   

 

EOW, Is that your great, great grandmother petting the horse in her new petrol vehicle?   😜😉

 

 

Actually, EOW is the one with the whip in his hand.

[Gweiloman]

16 hours ago, vinny41 said:

EV market share isn't increasing to the levels that Chinese EV manufacturers were expecting hence request to 

renegotiate EV 3.0 local production schedules

EV overview shows sales growth slowing

Factors affecting broader Thai auto industry compounded by reduced incentives, according to BMI

https://www.bangkokpost.com/business/motoring/2932786/ev-overview-shows-sales-growth-slowing#:~:text=EV

For the past 125 years ICE has had 100% market share as a result of EV's being available that market share is reduced but they still have the majority share of all new vehicles for sale and the majority of all cars  on the road today in Thailand approx 12 million are ICE vehicles compared to 200,000 EV cars

 

 

This is a screwed up post if ever there’s one.

 

You start off by saying that “EV market share isn't increasing to the levels that Chinese EV manufacturers were expecting”. I don’t believe that market share is relevant here. Manufacturers are more concerned with absolute volumes. What’s the point of only selling 100 units and having 90% market share when you can sell 1,000 units with 20% market share?

 

And then you go on to mention ICE ‘s 100% market share. That’s like saying Apple has 100% market share of all iPhones sold.

 

I think most of us have seen through what you are trying to do with your not so disingenuous half truths.

[vinny41]

1 hour ago, Gweiloman said:

This is a screwed up post if ever there’s one.

 

You start off by saying that “EV market share isn't increasing to the levels that Chinese EV manufacturers were expecting”. I don’t believe that market share is relevant here. Manufacturers are more concerned with absolute volumes. What’s the point of only selling 100 units and having 90% market share when you can sell 1,000 units with 20% market share?

 

And then you go on to mention ICE ‘s 100% market share. That’s like saying Apple has 100% market share of all iPhones sold.

 

I think most of us have seen through what you are trying to do with your not so disingenuous half truths.

Clearly you have a problem reading here are excerpts from the BP Post

EV manufacturers in Thailand are seeking to extend production deadlines set by a government incentive scheme as sales have not met expectations. The scheme has attracted US 1.4 billion in investment from China-based firms including BYD and Great Wall Motor, positioning Thailand as a regional EV production hub.

https://www.bangkokpost.com/business/motoring/2932786/ev-overview-shows-sales-growth-slowing#:~:text=EV

Thailand extends EV production deadlines

Board of Investment to give manufacturers more time to meet targets in light of weak local sales

In the first 10 months of this year, total car sales (conventional and EV) declined by 26.2% year-on-year to 476,350 units. Pickup sales were down 43%.

https://www.bangkokpost.com/business/motoring/2914031/thailand-extends-ev-production-deadlines

If there wasn't a issue with EV sales not meeting the  expectations of the manufacturers there would no reason why the Board of Investment would extend the EV production deadlines for EV 3.0

And the ICE having 100% market share is factually correct

For the past 125 years ICE has had 100% market share as a result of EV's being available that market share is reduced but they still have the majority share of all new vehicles for sale and the majority of all cars  on the road today in Thailand approx 12 million are ICE vehicles compared to 200,000 EV cars

In the same way before Betamax VHS machines had the majority share of Home entertainment recording devices

[Gweiloman]

11 minutes ago, vinny41 said:

Clearly you have a problem reading here are excerpts from the BP Post

EV manufacturers in Thailand are seeking to extend production deadlines set by a government incentive scheme as sales have not met expectations. The scheme has attracted US 1.4 billion in investment from China-based firms including BYD and Great Wall Motor, positioning Thailand as a regional EV production hub.

https://www.bangkokpost.com/business/motoring/2932786/ev-overview-shows-sales-growth-slowing#:~:text=EV

Thailand extends EV production deadlines

Board of Investment to give manufacturers more time to meet targets in light of weak local sales

In the first 10 months of this year, total car sales (conventional and EV) declined by 26.2% year-on-year to 476,350 units. Pickup sales were down 43%.

https://www.bangkokpost.com/business/motoring/2914031/thailand-extends-ev-production-deadlines

If there wasn't a issue with EV sales not meeting the  expectations of the manufacturers there would no reason why the Board of Investment would extend the EV production deadlines for EV 3.0

Clearly, you did not have a career in the commercial sector. Where in this post is there a reference to market share as per your initial pos? In fact, in one of your links;

 

That would represent an EV penetration rate of 15.4% in 2024 as weaker demand from traditional internal combustion engine (ICE) car sales inflates EV sales as a percentage of the total. 

 

EV sales as a percentage of the total is expanding. Quite the opposite to what you were trying to imply.

 

[vinny41]

4 minutes ago, Gweiloman said:

Clearly, you did not have a career in the commercial sector. Where in this post is there a reference to market share as per your initial pos? In fact, in one of your links;

 

That would represent an EV penetration rate of 15.4% in 2024 as weaker demand from traditional internal combustion engine (ICE) car sales inflates EV sales as a percentage of the total. 

 

EV sales as a percentage of the total is expanding. Quite the opposite to what you were trying to imply.

 

Sales figures for 2024 compared to 2023 would indicate different

Year on Year sales figures for 2024 was a decrease of EV car sales by 23.46% compared to 2023

 

Total number of EV car sales 2023 89,967

Total number of EV car sales 2024 68,860

[Gweiloman]

3 minutes ago, vinny41 said:

Sales figures for 2024 compared to 2023 would indicate different

Year on Year sales figures for 2024 was a decrease of EV car sales by 23.46% compared to 2023

 

Total number of EV car sales 2023 89,967

Total number of EV car sales 2024 68,860

 My god, you really never worked in the commercial sector did you? Absolute figures on its own doesn’t tell you anything. As @JBChiangRai had taken great pains in the past to try and explain to you, you need to look at trends and percentages and view these in the light of the whole market.

 

Come back when you have grasped that concept.

[vinny41]

3 minutes ago, Gweiloman said:

 My god, you really never worked in the commercial sector did you? Absolute figures on its own doesn’t tell you anything. As @JBChiangRai had taken great pains in the past to try and explain to you, you need to look at trends and percentages and view these in the light of the whole market.

 

Come back when you have grasped that concept.

Thanks for the advice but I will stick with sales numbers 

[richard_smith237]

18 hours ago, ExpatOilWorker said:

Good lesson, but a lot of the oranges 🍊 sold since 2023 have turned out to be lemons 🍋. 

 

From a 'banter perspective' - solid response - Touché !!!

[richard_smith237]

17 hours ago, vinny41 said:

I did find your post amusing you state that you think i am not that sharp yet it you that have chosen to attack the poster rather than the post

Clearly that indicates you have lost the plot

 

As you repeated misunderstand the concept of 'market growth in a down turn'  I explained it to my child... he understood it, so I explained it in the the same way to you...    just trying to help you.

[vinny41]

52 minutes ago, richard_smith237 said:

 

As you repeated misunderstand the concept of 'market growth in a down turn'  I explained it to my child... he understood it, so I explained it in the the same way to you...    just trying to help you.

Makes you wonder why the Board of Investment  didn't decline the EV manufacturers in Thailand request to 

extend production deadlines set by  government EV 3.0 incentive scheme as sales have not met expectations in 2024

 

 

[JBChiangRai]

1 hour ago, vinny41 said:

Makes you wonder why the Board of Investment  didn't decline the EV manufacturers in Thailand request to 

extend production deadlines set by  government EV 3.0 incentive scheme as sales have not met expectations in 2024

 

 

 

Could it be because the entire auto industry is in recession?

 

Just a blind guess maybe.