This wouldn't apply to all EV Brands as some Brands didn't join the EV 3.0 / EV 3.5 subsidy programs

 

Prices of BEVs set to rise next year

Increase follows expiry of EV3.0 initiative

The prices of battery electric vehicles (BEVs) in Thailand are expected to rise by an average of 200,000 baht next year, following the expiration of the government's EV3.0 incentive scheme, a move that could dampen domestic demand for BEVs, which has grown steadily over recent years, warns the Electric Vehicle Association of Thailand (EVAT).

Introduced to promote BEV consumption and production, the EV3.0 scheme offered automakers reduced excise tax and import duties, along with subsidies to support sales.

In return, companies were required to commit to assembling BEVs locally from 2024. Under the programme, subsidies of up to 150,000 baht were provided for BEVs priced below 2 million baht.

https://www.bangkokpost.com/business/motoring/3153473/prices-of-bevs-set-to-rise-next-year

 

58 minutes ago, vinny41 said:

This wouldn't apply to all EV Brands as some Brands didn't join the EV 3.0 / EV 3.5 subsidy programs

 

Prices of BEVs set to rise next year

Increase follows expiry of EV3.0 initiative

The prices of battery electric vehicles (BEVs) in Thailand are expected to rise by an average of 200,000 baht next year, following the expiration of the government's EV3.0 incentive scheme, a move that could dampen domestic demand for BEVs, which has grown steadily over recent years, warns the Electric Vehicle Association of Thailand (EVAT).

Introduced to promote BEV consumption and production, the EV3.0 scheme offered automakers reduced excise tax and import duties, along with subsidies to support sales.

In return, companies were required to commit to assembling BEVs locally from 2024. Under the programme, subsidies of up to 150,000 baht were provided for BEVs priced below 2 million baht.

https://www.bangkokpost.com/business/motoring/3153473/prices-of-bevs-set-to-rise-next-year

 

Good sales tactic but I'm not convinced. I think the EV 3.5 subsidy is only 50,000 less than the EV 3.0, so I'm not sure where they got 200k from?

 

But what I do know is, if they raise prices by 200k then their sales will drop to zero.

Not bad sales volume showing of 2025 vs, 2024: +50%

1 hour ago, mistral53 said:

Not bad sales volume showing of 2025 vs, 2024: +50%

 

Interesting, and see MG coming back for a right good spanking from BYD, when they only had the ZS & EP BEVs available.

 

Toyota still working that 'reputation'.   With a few exceptions, other legacy JP maker seem to be on their way out.  Truck line may be their saving grace, for now.  With that, surprised Ford did so poorly.

 

 

High end CN putting the squeeze on high end EU 

 

A  good (and recent) article from Krungsri Research regarding EV pricing, EV3.0, EV3.5, etc.   It's somewhat detailed.  

EV Price War Will EV Prices Drop Further or Is This the Bottom?
12 November 2025

https://www.krungsri.com/en/research/research-intelligence/ev-price-war-2025

 

5 hours ago, mistral53 said:

Not bad sales volume showing of 2025 vs, 2024: +50%

 

What I found amazing is Toyota "barely" beat-out BYD for 1st place......and Omoda Jaecco---a new  comer--came in 3rd with a 620% growth over 2024 beating out Honda who came in 4th.   And Isuzu dropped down to 11th place.  Chinese vehicle manufacturers are simply stepping over the  Ol' Guard Japanese, EU, and US vehicle manufacturers. 

This 11 Dec 2025 autolife article implies/states the 6 best selling models at the Motor Expo 2025....it lists 3 BEVs and 3 HEVs in no particular order.   

 

But I'm not sure if it really means these were the Top 6 that just happened to consist of 3 BEVs and 3 HEVs....OR it represents the Top 3 BEVs and Top 3 HEVs where say just for discussion there were still other HEVs that outsold the Top 3 BEVs (or vice versa).

 

https://autolifethailand.tv/top6-best-seller-in-motor-expo-2025/

 

The 6 most popular car models at the event (not in any particular order).  These are the Top 6 Best Seller models, compiled by the Motor Expo organizers in the "Buy a Car...Win a Car" contest.

Maybe an indicator some EV prices are heading north?......or just waiting till early 2026 to head south again?

 

https://autolifethailand.tv/official-price-jaecoo-5-ev-40000-up-dec-2025/

 

 

 

Summary of reservations according to nationality of car brands in Motor Expo 2025 - this gotta ruffle some feathers. 

 

54 minutes ago, mistral53 said:

Summary of reservations according to nationality of car brands in Motor Expo 2025 - this gotta ruffle some feathers. 

 

 

I don't believe the numbers Toyota is posting from the motor show.

1 hour ago, mistral53 said:

Summary of reservations according to nationality of car brands in Motor Expo 2025 - this gotta ruffle some feathers. 

 

Where are they actually made, and who owns the brand.  How many are joint ventures in name only.

 

 

USA for example - Tesla come from China

 

JEEP, owned by Stellantis (Netherlands) and cars assembled at and come from Malaysia 

 

Stellantis N.V. is a French-Italian-American multinational car manufacturer based in the Netherlands.

 

... Ford Ranger trucks in Thailand are primarily built at AutoAlliance Thailand (AAT), a long-standing joint venture (JV) between Ford and Mazda in Rayong Province.

 

Even in the USA, my Ford Escort, was nothing but a rebadge Mazda 323/Protege'.  

 

Geely owns Volvo and their ES90, EX30, and EX90, are imported from Volvo's manufacturing base in China, with plans for all-electric Volvos to be China-made by 2026. 

 

The list is endless.

21 minutes ago, KhunLA said:

Where are they actually made, and who owns the brand.  How many are joint ventures in name only.

 

 

USA for example - Tesla come from China

 

JEEP, owned by Stellantis (Netherlands) and cars assembled at and come from Malaysia 

 

Stellantis N.V. is a French-Italian-American multinational car manufacturer based in the Netherlands.

 

... Ford Ranger trucks in Thailand are primarily built at AutoAlliance Thailand (AAT), a long-standing joint venture (JV) between Ford and Mazda in Rayong Province.

 

Even in the USA, my Ford Escort, was nothing but a rebadge Mazda 323/Protege'.  

 

Geely owns Volvo and their ES90, EX30, and EX90, are imported from Volvo's manufacturing base in China, with plans for all-electric Volvos to be China-made by 2026. 

 

The list is endless.

AI Overview

The statement that 

all-electric Volvos will be China-made by 2026 is incorrect. Volvo has a global manufacturing footprint and is adjusting its production strategy and electrification targets based on changing market conditions and trade tariffs. 

Volvo has multiple global production plants: Volvo manufactures vehicles in various locations, including Gothenburg (Sweden), Ghent (Belgium), South Carolina (US), Chengdu, Daqing, and Taizhou (China).

Production localization strategy: Volvo is actively shifting production of some models to be closer to their intended markets to mitigate the impact of tariffs and logistics. For example, some EX30 models for the US market started a shift from China to Belgium production in 2025, with thousands of units planned from the Belgian plant in 2026.

China remains a key production hub: Some models, such as the ES90 electric sedan, are produced exclusively in China and intended for other markets, though their availability in markets like Canada has been impacted by import tariffs. Certain models, like the long-range plug-in hybrid XC70, have also been introduced specifically for the Chinese market.

New models in 2026: The all-electric EX60 SUV, a central part of the company's electrification strategy, is set to be launched and produced at the Torslanda factory in Sweden for global markets, including the US. 

 Volvo Cars is shifting some electric vehicle (EV) production from China to its Ghent, Belgium plant to avoid potential EU tariffs and market pressures, focusing on models like the EX30 and EX90 for European markets, while also expanding US production for North America to navigate trade complexities and reduce delivery times, signaling a broader trend of regionalizing manufacturing. 

Volvo, the Swedish automaker owned by China’s Zhejiang Geely Holding Group, has announced plans to shift the production of its EX30 and EX90 electric vehicle (EV) models from China to its facility in Ghent, Belgium. The decision comes as Volvo anticipates potential European Union tariffs on Chinese-made EVs and faces increasing competition in the Chinese automotive market

https://scandasia.com/volvo-plan-to-move-production-due-to-chinas-market-pressures/

16 minutes ago, vinny41 said:

AI Overview

The statement that 

all-electric Volvos will be China-made by 2026 is incorrect. s-market-pressures/

I guess we use different AI sources as that's where I got it from.  This part of the statement was actually a C&P, although I deleted the China factory name and location out ...

 

... "ES90, EX30, and EX90, are imported from (bla bla bla) Volvo's manufacturing base in China, with plans for all-electric Volvos to be China-made by 2026" ...

 

 

2 minutes ago, KhunLA said:

I guess we use different AI sources as that's where I got it from.  This part of the statement was actually a C&P, although I deleted the China factory name and location out ...

 

... "ES90, EX30, and EX90, are imported from (bla bla bla) Volvo's manufacturing base in China, with plans for all-electric Volvos to be China-made by 2026" ...

 

 

This isn't an AI source

Volvo, the Swedish automaker owned by China’s Zhejiang Geely Holding Group, has announced plans to shift the production of its EX30 and EX90 electric vehicle (EV) models from China to its facility in Ghent, Belgium. The decision comes as Volvo anticipates potential European Union tariffs on Chinese-made EVs and faces increasing competition in the Chinese automotive market

https://scandasia.com/volvo-plan-to-move-production-due-to-chinas-market-pressures/

1 hour ago, JBChiangRai said:

 

I don't believe the numbers Toyota is posting from the motor show.

I actually can. They are selling over 160 Hilux trucks a day on average. And Toyota is still a really really trusted brand for Thais. Misguided, yes, although to be fair they do make extremely well made, reliable, trustworthy cars, although extremely dull, basic, and nasty - I would never ever buy one even if I wanted an ICEV (which I don't), but I can understand why people do. 

And they spend millions on advertising......thankfully, as a tiny portion of that is making it's way in to my company at the moment. The new Hilux has only been on the market for less than a month and I just worked with the guy who has shot four commercials for it already for Thailand. Four!! And not cheap commercials at all.  And we are working on the 5th. And they are spending serious money on it. So Thais buy in to Toyota in a big way still, even today. Thailand is the biggest global market for the Hilux.

 

Hilux, Fortuner. Camry. Vios. Thais love them.

I have also been working on three non Hilux commercials which go live soon - all selling the Toyota "dream" of easy and fast service, reliability, solidity, durability, trustworthiness. Very vanilla. Very dull. But trustworthy. And Thais have had this drummed in to them for decades and it takes a lot to change that. It is changing though, but not quickly. Basically they spend big on marketing - more than anyone else.

Yesterday I was at Toyota ALIVE for some research - their big showroom / "experience" centre in Bangna. Very impressive. Huge showroom, massive test track, coffee shop, merchandise, accessories, gaming, simulators, new cars, exhibitions, service, all over two floors. It was actually very cool. And it was PACKED full of Thais.

I also saw the perfect vehicle for @KhunLA, although expensive. Actually very spacious and comfortable up there, and solid. 

My predication for the new Hilux 2.8 diesel: they'll sell hundreds of thousands.
My prediction for the new Hilux EV: they'll sell about as many as they do of the bZ4x.

New bZ Woodlands coming next year (EV). And a new EV CH-R. Probably will be underpowered, under capacity, over priced. But it doesn't matter as their super new technology is just around the corner.

The reason I am skeptical of Toyota's booking numbers is that 60% of the total bookings are EV's, a new segment of the market and yet Toyota claim an increase over last year.

 

Only of 2 possible scenarios is happening.  Either, this 60% of bookings is customers who would have bought a conventional ICE car (Toyota probably) or these are completely new buyers enticed by an EV.

 

If it's the former, then Toyota's numbers are less likely to stack up.

 

I do agree with you that Hilux numbers are unlikely to be eroded by EV's - YET!

34 minutes ago, josephbloggs said:

I also saw the perfect vehicle for @KhunLA, although expensive. Actually very spacious and comfortable up there, and solid. 

 

Yep, that's me, except it would be the RD6 at half price & better specs.

 

The updated Toyota bZ4X is actually competitively priced in Australia and looks quite decent for around 1.2 million baht.

 

https://www.whichcar.com.au/news/toyota-bz4x-facelift-australia-wnew-features-10k-price-cut

1 hour ago, matchar said:

The updated Toyota bZ4X is actually competitively priced in Australia and looks quite decent for around 1.2 million baht.

 

https://www.whichcar.com.au/news/toyota-bz4x-facelift-australia-wnew-features-10k-price-cut

A joint venture with Subaru, not a very sustainable business model for a company like Toyota.

A 12 Dec 2025 press release from the Motor Expo website.  Partial quote below....I "bolded" some text I thought was interesting.  See the weblink below for the complete article with pictures.

 

https://www.motorexpo.co.th/news/5325

Motor Expo 2025: A spectacular event with over 70,000 vehicle bookings.

December 12, 2025

 

The 42nd Thailand International Motor Show, the final major event of 2025, saw electric vehicle bookings exceeding half of the total, followed closely by hybrid cars, internal combustion engine cars, and plug-in hybrid cars. Motorcycle sales were also brisk. The event attracted over 1.5 million visitors and generated 70 billion baht in revenue.

 

Kwanchai Papasphong, Chairman of the 42nd Thailand International Motor Expo, revealed that “Motor Expo 2025 was held at the best time of the year, coupled with the implementation of the Phase 1 electric vehicle (EV3.0) support measures, which will end this year, as well as the new excise tax structure for automobiles starting in 2026. This resulted in a highly successful event and helped stimulate the sluggish automotive industry this year, generating over 70 billion baht in revenue for the Thai economy.”

 

For vehicle bookings at the event, there were 75,246 cars and 5,263 motorcycles. Data from participants in the “Buy a Car…Win a Car” campaign shows that electric vehicles accounted for 50% of bookings, while internal combustion engine vehicles (internal combustion, hybrid, and plug-in hybrid) also accounted for 50%. Furthermore, the most popular vehicle types included: SUVs (58.4%), sedans (27.8%), MPVs (7.6%), pickup trucks (4.5%), and others (1.7%).

 

The top 6 car models with the most participants in the “Buy a Car…Win a Car” campaign were: Mitsubishi Xforce, Honda HR-V, Geely EX2, Jaecoo 5 EV, BYD Atto 3, and Toyota Yaris Cross. The top 5 motorcycle models with the most participants in the “Buy a Motorcycle…Win a Big Bike” campaign were: Lambretta, Yamaha, Deco, EM, and Zontes.

 

The average price of cars sold at the event was 1,122,347 baht, and motorcycles averaged 177,637 baht. The total revenue from the event was approximately 70 billion baht.

 

 

 

On 12/3/2025 at 4:37 PM, JBChiangRai said:

I just had the second year service on the Seal, and the total bill including the lifetime warranty was ฿5000

 

On 12/3/2025 at 5:58 PM, Pib said:

I'm glad (and a little surprised) you were able to signup for the Bt5000 lifetime battery warranty so fast.  Last Friday when I visited my local dealership they said they were still awaiting guidance/docs from Rever which will allow signup....Monday I went back and got the same answer...and today/Wednesday I went back and got the same answer but they did make an appt for me several weeks down the road in hopes they get guidance by then.  Today I also visited two other nearby dealerships and got the same "they are still awaiting guidance/docs" from Rever....can not signup yet.  When I check some BYD Facebook pages I see other people are getting the same "....can't signup yet as the dealership is awaiting guidance/relevant docs from Rever.    

 

Don't you love it....BYD announces the battery promotion on 28 Nov but here on 3 Dec many dealerships are still awaiting guidance/docs from Rever to allow signup.

 

On 12/4/2025 at 7:43 AM, JBChiangRai said:

They told me yesterday it would be 4 hours.  3 hours for the service and an hour to inspect the car for the lifetime warranty.  I was planning on waiting but when they told me that, I got a Bolt home (about 4km) and came back later on my e-Scooter, which I folded up and put in the trunk.  They thought that was hilarious.

 

So expect an hour-long inspection to qualify for the lifetime warranty.

 

They also told me how many times the battery had been charged and asked me to sign many documents.  All in Thai which were meaningless to me.

 

Yesterday evening I got a call from a nearby BYD dealership here in western Bangkok if I could bring my Atto in next day for the lifetime battery warranty purchase and inspection.  This is one of three dealerships I had contacted in person 7-10 days ago trying to arrange purchase of the warranty but things were still kinda in disarray at the time in terms of dealerships awaiting forms/guidance from Rever.  At one of the three dealerships they did make an appt for battery inspection in late December for purchase and inspection as they figured guidance would be firm by then...and even last week when I stopped in again trying to get an earlier appt (which they couldn't do) apparently guidance had firmed up but now it was simply an issue of getting a battery inspection appt for the  many, many people who wanted to get the warranty.

 

Well, that next day is now today and I just completed the lifetime battery warranty purchase and inspection.   Took about 30 minutes to do the paperwork and the actual inspection was done within minutes.  In terms of paperwork "I needed to provide" was just the vehicle booklet, vehicle registration book, and my passport.  The service rep made a copy of the vehicle registration book main page and my passport main page and then gave back the original docs....I needed to sign (a.k.a., self certify) the passport page and registration book copies.  Also signed the basic workorder.

 

I had positioned myself in the dealership lounge to watch when my car got moved from the customer arrival parking area into the maintenance/inspection area....big picture window which allowed me to see everything.  However, after spending about 3 minutes with the service representative in reading/scanning/signing the paperwork mentioned above I noticed my car was now in the maintenance bay being lifted up to look at the underside of the car/look at the battery.  The maintenance tech spent about 30 seconds with a light looking at the battery all around and then let the car back down to the floor.  I don't know if he even opened the hood to looks at the front engine area or put a diagnostic device on the OBD2 connector under the steering wheel....he could have but I just didn't see that happening.  It was a very quick inspection...get distracted for a few minutes (like reading/signing some paperwork) and you could easily miss the actual inspection.  

 

The maintenance tech drove the car back to the customer waiting parking lot.  The service rep then had me pay Bt5000.....I got a simple receipt and one page copy of the standard workorder that said lifetime battery warranty on it.   None of the paperwork presented to me to sign before, during, or after the inspection showed any technical details like number of battery charges, number of full (100%) charges, SOH, etc....and I paid particular attention during the paperwork process to look for such info.

 

The service rep and maintenance tech said everything looked fine and in three business days I will get the warranty paperwork via email.

 

 

I got email confirmation of the lifetime warranty last week.

2 hours ago, JBChiangRai said:

I got email confirmation of the lifetime warranty last week.

Once again, what warranty info was included with the email?  Basically just the translated stuff you posted last week "or maybe some other stuff also?"  Thanks.

28 minutes ago, Pib said:

Once again, what warranty info was included with the email?  Basically just the translated stuff you posted last week "or maybe some other stuff also?"  Thanks.

Just confirmation and a link that without studying it in detail, I think goes to the previous terms and conditions. All in Thai.

On 12/12/2025 at 10:17 AM, JBChiangRai said:

 

I don't believe the numbers Toyota is posting from the motor show.

Me too. As stated in a previous post in this thread. But in the end the DLT registration stats will show the true numbers

On 12/12/2025 at 12:32 PM, JBChiangRai said:

The reason I am skeptical of Toyota's booking numbers is that 60% of the total bookings are EV's, a new segment of the market and yet Toyota claim an increase over last year.

 

Only of 2 possible scenarios is happening.  Either, this 60% of bookings is customers who would have bought a conventional ICE car (Toyota probably) or these are completely new buyers enticed by an EV.

 

If it's the former, then Toyota's numbers are less likely to stack up.

 

I do agree with you that Hilux numbers are unlikely to be eroded by EV's - YET!

As I said, I'd reckon it's mostly pick ups sold by Toyota at the motor show. 

Better late then never. 

My impressions from the Motor Show 2025. I've visited the last day 10th December.

 

1.) Deepal Hunter K50. The battery size and range must be a joke? 

2.) Toyota Hilux Travo-E. I think it's too expensive. Maybe interesting for fleet operators but not for individuals.

3.) BYD Ti7. It's PHEV with about 130km electric range. Interesting for people who like full size SUVs such as Fortuner. 

4.) MG eTerron 9. Interesting design but no price, specs or availability yet. 

5.) Mazda 6e. I really like the design and interior. But would you really pay more for a re-badged BYD?

6.) Omoda 4. Also I like the design and shape. A bit similar to my current MG4. But no details available yet about price etc....

7.) Omoda J6T. For people who like box cars or something in the style of a Jeep. I would consider it as fun car or second car. Price is very competitive and reasonable. 

 

Some might call this design boring, but for me it's timeless and elegant.

Anyway, it's a hybrid and for now only available in China. 

But as BEV I'd be tempted to buy it.

 

On 12/11/2025 at 10:36 AM, mistral53 said:

Not bad sales volume showing of 2025 vs, 2024: +50%

Why are these numbers different from the motorexpo website?

Good point.  Autolife says they got it from the same source that produced the data at the website "and" also data  displayed on screens at the Motor Expo.    Conflicts in data reporting.  Additionally, the website said some car brands like BYD didn't report numbers directly "during" the Expo and the event organizer had to estimate bookings from win a car participants/contests.  Maybe BYD and Omoda Jaecoo provided updated numbers the day after the event.  Who knows.  Or maybe Autolife just made an error.