Nikkei: Thailand emerging as crucial link in global EV supply chains
Nikkei: Thailand emerging as crucial link in global EV supply chains
Thailand and its nearby neighbor Indonesia are emerging as important links in the global supply chain for electric vehicles, according to Japanese business newswire Nikkei, with EV automakers from Japan, South Korea, and China revving up investment in the Kingdom.
“Automakers told us they want to have a supply chain here, and in the region,” said President Hitoshi Kawahara of Japanese plastics maker Kuraray, as he opened a $520-million factory in Thailand to make parts for electrics vehicles.
Thailand earned the nickname “the Detroit of Asia”…