The Thai government touched off a domino effect when it started throwing subsidies at Chinese electric vehicle makers, industry figures say as they watch the resultant massive oversupply of EVs ignite a price war in the combustion engine auto segment, now suffering from production cuts and plant closures.
Thai auto sector skids on subsidies for Chinese EV makers
2024-07-27T06:12:35-04:00July 27th, 2024|
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