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          Great Wall Motor unveils new models of Tank 300 & 500 series

          By YANG WANLI in Bangkok | chinadaily.com.cn | Updated: 2023-09-28 20:41
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          Chinese auto brand Great Wall Motor (GWM) launches the All New Tank 300 HEV designed for adventurous lifestyles and is priced between 1, 649,000 baht and 1,799,000 baht in Bangkok on Sept 28. [PHOTO BY YANG WANLI/CHINA DAILY]

          "GWM is proud to play a key role in fueling the continued growth of electric vehicles in Thailand," said Narong Sritalayon, Managing Director of Great Wall Motor Thailand. "We expected that these two new energy off-road vehicles with cutting-edge technology will offer a unique driving experience."

          Southeast Asia electric vehicle sales have seen a year-on-year growth in the first quarter of this year, according to the latest research from an international research firm Counterpoint.

          It reveals that Chinese automakers has dominated the market, with three out of every four EVs sold in the region between January and March being Chinese brands.

          As Southeast Asia's second-largest economy with a population of more than 71 million and also the main regional hub for EVs production, Thailand boasted the highest proportion (75 percent) of battery-electric vehicles in total passenger vehicle sales, followed by Indonesia and Vietnam.

          In a bid to turn Thailand into a regional EV focal point, the Thai government has released a series of incentive packages, including tax breaks and subsidies to boost both EV production and consumption. The Thailand Automotive Institute (TAI) anticipates a surge in EV sales to 50,000 units this year.

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