Chinese electric vehicle manufacturers are pouring into Thailand, having committed to invest $1.44 billion in production facilities in Southeast Asia's biggest automaking hub that has long been dominated by Japanese companies.
, will invest 9.8 billion baht to set up its first right-hand drive EV factory outside China, according to the BOI.
China's Chery Automobile [RIC:RIC:CHERY.UL], which first rolled out a self-developed EV in 2009, is "very interested" to invest in Thailand and plans to enter the market early next year, according to the BOI. In the first half of 2023, over 31,000 EVs were registered in Thailand, more than three times the number for all of 2022, the BOI said, citing industry data.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Floating Photovoltaics Emerge as a Promising Solution for Southeast Asia’s Clean Energy Future - CleanTechnicaNREL Researchers Are Laying the Groundwork for Southeast Asia’s Floating Photovoltaics Development
Read more »
Six killed as attackers storm police station in southeast IranTwo police officers and four attackers were killed when gunmen and suicide bombers stormed a police station in Iran's restive southeast on Saturday, Iranian state television reported.
Read more »
Southeast Elmhurst remains on water boil orderThe area of Elmhurst from 1st Street to Butterfield Road and York Street to the 290 Expressway has been under a precautionary boil order since July 5.
Read more »
2 juveniles shot in “gang-related” shooting on the southeast side of IndianapolisBREAKING | IMPD confirmed two juveniles were shot in a “gang-related” shooting on the southeast side of Indianapolis Saturday evening.
Read more »
Austin Public Health is having several clinics to administer mpox vaccinesCommunity Care Southeast Clinic is having two free monkeypox clinics for the public.
Read more »