Dec 26, 2023
Japanese car giants to invest 150 billion baht in Thailand for electric vehicle manufacturing
Four major Japanese car companies are set to invest a total of 150 billion baht in Thailand to manufacture electric vehicles (EVs), solidifying Thailand's position as a key player in the automotive industry and highlighting the government's support for EV production. The companies, including Toyota, Honda, Isuzu, and Mitsubishi, plan to make Thailand their primary manufacturing base in the region and align with the country's pro-EV policies to reduce carbon emissions and promote technological advancements in EV and hydrogen technologies.