Shaking up the EV market
The entry of more Chinese electric vehicle (EV) producers into the Thai market is not only improving sentiment among buyers as they can choose from a wider variety of models, but it is also testing their brand loyalty.
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The entry of more Chinese electric vehicle (EV) producers into the Thai market is not only improving sentiment among buyers as they can choose from a wider variety of models, but it is also testing their brand loyalty.
Gotion High-Tech’s local subsidiary aims to build a battery pack and module gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets
Gotion High-Tech aims to build gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.
A cornerstone of the Thai government’s policy is its 30:30 goal — 30% of vehicles produced to be electric by 2030. It has a two-stage plan to achieve this: first, lure consumers to switch to EVs no matter the origin, and then tip the scales in favor of domestic models