UK Automotive Industry is Remaining Strong quoting : "aseanbriefing"

Criminals are likely already plotting to steal data from or commandeer automated vehicles. And, human error is but one pitfall facing the future of automated vehicles. Ironically, greater product liability risk likely exists with the implementation of lesser automated technology that is set to enter the market first. DMV's proposed regulations are in turn heavily influenced by the National Highway Traffic Safety Administration's ("NHSTA") recent release of its "Federal Automated Vehicles Policy" ("Policy"). Labeled "highly automated vehicles" ("HAV") by DOT, these vehicles will operate through a network of highly sophisticated technology carefully developed by reputable manufacturers who see the vision of the future.


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The government is also supporting eco-car production by providing incentives to manufacturers such as income tax exemption for a fixed period, excise tax incentives, and other tax incentives. Almost 75 percent of the country's automotive exports are automotive parts, followed by engines and spare parts. Automotive ClusterThe automotive cluster in Thailand includes 700 Tier 1 companies, and 1,700 Tier 2, and 3 companies employing almost 80 percent of the total automotive workforce. As of 2016, Thailand stands as the 13th largest automotive manufacturer in the world. By: Koushan DasEstablished over 50 years ago, Thailand's automotive sector has developed into the biggest automotive hub in Southeast Asia and one of the largest in the world.


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