Ev Traction: China to set up auto research institute in Thailand as EVs gain traction, ET Auto
Ev Traction: Thai government tax incentives and subsidies have already drawn Chinese carmakers, including BYD and Great Wall Motor, which have committed to investing USD 1.44 billion in new production facilities in the country. CATARC, a Chinese government affiliated auto research institute, has centres in Germany, Switzerland and Japan and the latest one will facilitate Chinese electric vehicle (EV) manufacturers in Thailand, Thai government spokesperson Chai Wacharonke said in a statement.
Source: indiatimes.com