Japanese car makers risk lagging behind in EV production, warns Thai PM

Srettha Thavisin, the Prime Minister and Finance Minister, issued a cautionary note to Japanese car manufacturers, warning that they risk falling behind in the industry unless they accelerate the production of electric vehicles (EVs). This comes as Chinese competitors continue to gain a substantial market share in Southeast Asia.

The business mogul turned political figure voiced his concerns during an interview with the Japanese press yesterday. His comments come just before his planned visit to Tokyo for a summit meeting scheduled for Sunday, between Japan and the Association of Southeast Asian Nations (ASEAN).

“You have been lagging in terms of EV manufacturing or developing.”

The 61 year old Thai PM insisted that Japan’s automobile sector needs to keep pace with the worldwide shift towards electrification, reported Bangkok Post.

“We…