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Panarat Thepgumpanat

FILE PHOTO: A visitor stands next to a BYD Sealion 7 EV car at the 41st Thailand International Motor Expo, in Bangkok, Thailand, November 29, 2024. REUTERS/Athit Perawongmetha/File Photo
Electric Vehicles (EVs)NewsTrade

Thai investigation clears BYD over discounts, sources say

The Thailand government in July launched a probe into BYD's local distributor, Rever Automotive, over a pricing complaint.

FILE PHOTO: A general view of BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

BYD’s steep EV discounting in Thailand sparks backlash, PM seeks assurances

Thailand's consumer protection agency has initiated a probe into discounting by BYD dealers that left some buyers feeling they overpaid

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