Keyword: "electric vehicle market"

2 Result

Electric vehicles inside BYD's factory in Rayong, Thailand. (Photo: Reuters/VNA)

Thailand’s electric vehicle market heats up

Hyper-competition in China's electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD, putting ambitious local production plans at risk.

Illustrative image (Photo:https://www.businesstimes.com.sg/)

ASEAN, Japan develop joint automobile production strategy

The Association of Southeast Asian Nations (ASEAN) and Japan plan to create their first joint strategy on automobile production and sales within Southeast Asia in the context of China’s increasing presence in the regional electric vehicle market.