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Japan automakers to invest B150bn in Thailand over 5 years: govt

FILE PHOTO: A Toyota EV car is seen at the Bangkok International Motor Show in Bangkok, March 30, 2022. (Reuters)

Major Japanese auto manufacturers will invest 150 billion baht in Thailand over the next five years, a government spokesperson said on Monday, supporting the country’s transition to making electric vehicles.

Toyota Motor and Honda Motor will invest about 50 billion baht each, while Isuzu Motors will invest 30 billion baht and Mitsubishi Motors 20 billion…

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