Chinese EV manufacturers invest $1B in Thailand to assemble EVs, impacting U.S. and Japanese car sales.
Chinese electric vehicles (EVs) are impacting U.S. and Japanese car sales in Thailand, causing Chinese manufacturers to invest over $1B to assemble EVs near Bangkok. This will expand domestic sales and international exports for Chinese car companies. As Thailand is Southeast Asia's largest exporter of traditional internal combustion vehicles, the growth in EVs is expected to continue.
May 20, 2024
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