Loading video...

Appears in Newsflare picks
02:38

Vietnamese car maker VinFast displays vehicles at Bangkok International Motor Show

Content Partner Cover Image
Content Partner Profile Image
Uploaded by a Newsflare content partner

Buy video

Footage shows Electic Vehicles (EVs) on display from Vietnamese manufacturer Vinfast at the Bangkok International Motorshow 2024 on Thursday.

Visitors were able to see the latest models from 37 different multinational car brands and 12 motorcycle manufacturers. EV makers showing their products include BYD, Aion, Changan, Neta, Honri, Pocco, Nex Point, Firebright, and the Vietnamese brand VinFast.

Electric motorcycles made by Rapid, Felo, Lyva, Zeeho, and CF Moto were also on show.

Vietnamese automaker VinFast announced this week that it will sell its electric vehicles in Thailand and said it had tied up with auto dealers to open showrooms in the country.

VinFast, which only began exporting its EVs last year, faces competition in Thailand from BYD, Tesla and others. All of them were displaying their latest models at the Bangkok International Motor Show.

The show comes amid a slump in domestic car sales, falling 26 per cent in February compared with a year earlier, according to the Federation of Thai Industries.

However, analysts said they are bullish about the industry's long-term prospects.

Thailand has the tenth largest automative industry in the world, accounting for around 12 per cent of GDP and an annual output of more than two million vehicles.

Japanese giants Toyota and Honda have long established bases in the country while newer EV manufacturers are also utilising the existing infrastructure to open factories.

Chinese manufacturer BYD has began producing its Dolphin and ATTO 3 models at a new plant near Bangkok while industry analyst Zhang Xiang said that 'Thailand is a springboard for China's overseas expansion'.

Categories

Tags

From the blog

Stories not Stock: 3 Reasons Why You Should Use UGC Instead of Stock Video

Video content is an essential part of a brand’s marketing strategy, and while stock footage has been a reliable go-to in the past, forward-thinking companies are looking to user-generated content for their video needs.

View post
Content Partner Cover Image
Content Partner Profile Image
Uploaded by a Newsflare content partner

Buy video