China-led EV boom in Thailand threatens Japan's grip on key market
newscatcher
2023-07-10 01:31
China-led EV boom in Thailand threatens Japan's grip on key market
The BYD Atto 3 EV car is displayed at the 39 Thailand International Motor Expo, in Bangkok, Thailand, Nov 30, 2022. REUTERS/Athit Perawongmetha/File photo BANGKOK  – Thailand's Siam Motors partnered with Nissan Motors in 1962 with a factory that rolled out four cars a day, leading to a profitable, decades-long relationship with Japanese companies that transformed it from a car dealer to an automotive pioneer. But the Thai family-owned group that has grown annual revenues to $7 billion on the back of that success is now looking at opportunities elsewhere.

https://business.inquirer.net/409475/china-led-ev-boom-in-thailand-threatens-japans-grip-on-key-market

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