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Thursday, May 9, 2024

Huge Chinese investment in EV production in Thailand forecast: govt

An electric vehicle enthusiast inspects the engine compartment of an EV car on display at the Fast Auto Show Thailand & EV Expo 2003 at Bangkok International Trade & Exhibition Centre, Bang Na, early this month. (Photo: Wichan Charoenkiatpakul)

Chinese manufacturers have shown interest in investing in the production of electric vehicles (EV) in Thailand to the tune of 1.44 billion US dollars, deputy government spokesperson Rachada Dhnadirek said on Sunday.

Ms Rachada’s comments followed events organised by the office of the Eastern Economic Corridor (EEC) for local and foreign investors in various industrial groups including aviation and space, energy, food and modern vehicles, particularly EVs.

During those events, Chinese EV…

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