Tesla in talks with Thai government for potential EV production facility in Thailand for global expansion and tapping Southeast Asian markets.
Tesla is reportedly in talks with the Thai government for a potential production facility in Thailand, aiming to expand its global manufacturing capabilities and tap into the south and southeast Asian markets. The country aims to become the main EV production hub in Southeast Asia, with the Thai government offering Tesla 100% green energy to run a facility that could produce electric vehicles (EVs) or batteries. Thai auto market is expected to expand 3% this year, after seeing negative growth in 2023.
March 04, 2024
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