Chinese investments spark EV revolution in Thailand | Latest World News | WION

A tectonic shift is underway in the Thai automotive industry. Chinese automakers are making their presence felt, challenging the long-standing dominance of Japanese companies. Thailand is southeast Asia's largest car producer and exporter, and its second-largest sales market after Indonesia. Japanese automakers have traditionally been dominant in the region. With a focus on electric vehicles, Chinese investments worth $1.44 billion since 2020 have created a new battleground in southeast Asia's largest automaking hub. #ev #thailand #japan About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Connect with us on our social media handles: Facebook:   / wionews   Twitter:   / wionews   Follow us on Google News for the latest updates Zee News:- https://bit.ly/2Ac5G60 Zee Business:- https://bit.ly/36vI2xa DNA India:- https://bit.ly/2ZDuLRY WION: https://bit.ly/3gnDb5J Zee News Apps: https://bit.ly/ZeeNewsApps