07 February 2024

Japanese auto lose HUGE market share in Thailand as EVs sales grow 685%

 

 

By the percentage, it is very big.

By the sale numbers, it is very small (except BYDs, Neta V and MG4, that are more than 1,000 in that month, still not big numbers to me).

In my point of view, Japanese auto is not yet lose, especially the "T" brand, "H" brand and "I" brand. They are still gods of fuel cars, especially the T, that currently no EV company can beat it, and looks like that EVs will never beat it. Not surprise why T believe that EVs can't conquer the world, because the fuel car business of T is still the greatest.

Bangkok Motor Expo is also a new car sales event, not just a car show. It usually takes place in December. This event can stimulate new car sales very well, both at the event and through various car showrooms across the country. It contributed to the increase in car registrations in January. (In many cases, the car will not be received in the same month as when the order takes place.)

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