Toyota said it has taken 3,356 bookings so far for the electric bZ4X, which it began selling in Thailand last year. Toyota, which alongside its group companies has invested nearly $7 billion in Thailand over the last decade and employs some 275,000 people, told Reuters in a statement that it is considering EV production in the country - its first official confirmation. "The Japanese are only able to target some of the premium segments," Yamamoto said. Hajime Yamamoto, a principal at Nomura Research Institute's consulting division in Thailand, said Chinese brands could take at least 15 percentage points of share from Japan over the next decade by delivering affordable EVs. Only 11 newly registered EVs this year came from Toyota (7203.T), Thailand's dominant brand that along with its partner Isuzu (7202.T) and Honda (7267.T) accounted for almost 70% of overall car and truck sales last year in Thailand.
#JAPAN USED VEHICLES REGISTRATION#
automaker Tesla (TSLA.O), according to registration data showing 18,481 EVs sold between January and April.
But between January and April this year, that proportion rose to more than 6%.īYD is now the market leader, followed by China's SAIC (600104.SS) and Hozon and U.S. Of the nearly 850,000 new cars registered in Thailand last year, only around 1% were EVs, according to government data. "I'll never go back to a combustion-engine car again," said the 55-year-old teacher, who also drives part-time for a ride-hailing service. Their exterior and interior are better than European and American cars since Japanese people are keen on keeping their cars clean and get them polished regularly.Bangkok resident Pasit Chantharojwong drove a Toyota Corolla for a decade and a half before switching to Great Wall's Ora Good Cat this year. The engine of these cars is always in excellent condition since these cars are being checked at service stations on a regular basis. It has been observed that after a few years the mileage of the Japanese cars goes down which is why the Japanese are interested in buying new cars. They pass each vehicle through a “roadworthiness test” which is commonly known as “shaken”.
They keep a constant check on their vehicles to make sure that they are in such a condition that they can smoothly run on the road. The Ministry of Transport in Japan makes sure that their vehicles are in good condition always. Other than this, the Japanese tend to buy new cars whenever a new Japanese car model steps out in the market therefore, they sell their used cars at a cheap rate. Since Japan has a large economy of sale, therefore the manufacturers are able to sell their cars at a low price. You must be wondering how are Japanese used cars so highly efficient but still cheaper than their rivals. Even if you can’t afford to buy a Japanese used car you can always travel through the Japanese used buses since they are commonly found all around Asia and Africa. Other than this, maintaining a Japanese used car is easy since all their spare parts for all models are available at a low price. You will not be shocked to know that these companies have been competing with European and North American automobile companies.Ĭurrently, in Asia and Africa, the Japanese used cars are highly demanded due to their low price and long-lasting service. The Japanese automobile industry includes Honda, Nissan, Toyota and Mitsubishi. Not only are these cars reliable, but they are also available at an affordable price.
The fact that not only their new cars but also their used cars are in demand shows a lot that their cars are always in good condition. The Japanese used cars, Japanese used trucks, and Japanese used buses are designed in such a way that they offer great comfort, high performance, fuel efficiency and durability to the buyers. There is no doubt in the fact that Japan has been exporting high quality used cars all around the world.
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