The four-day event features nearly 500 booths of about 400 companies from China, Japan, the Republic of Korea, Malaysia, Thailand, Taiwan (China), and Vietnam.
Autotech & Accessories Show 2025 will serve as a crucial platform for domestic and international firms to connect, expand trade cooperation, and access science and technology advancements.
In 2025, THACO will continue to expand the scale of investment in all six key production and business sectors including automotive, agriculture, mechanical engineering and supporting industries, investment - construction, trade – services, and logistics.
Thailand's electric vehicle (EV) market will continue to gain momentum in 2023, with sales expected to reach between 25,000 and 35,000 units, according to the Federation of Thai Industries (FTI).
The Masan High-Tech Materials Corporation (MHT) announced on November 27 that it has completed a strategic alliance in the tungsten industry with the Mitsubishi Materials Corporation (MMC), with a view to developing a leading high-tech tungsten materials platform.
The closures of factories and sales outlets during the Movement Control Order (MCO) will result in an estimated 28 percent drop in new vehicles sales this year.
Indonesia sold 1.03 million cars in 2019, a drop of 10.8 percent year on year from 1.15 million units the previous year, due to the weak demand and other factors, according to the car manufacturer association (Gaikindo).
Hyundai Glovis, a logistics subsidiary of Hyundai Kia Automotive Group from the Republic of Korea, is expanding its overseas presence by opening its first Southeast Asian office in Vietnam.