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Thailand's Auto Industry in Crisis | Thailand News
Thailand’s auto industry is in freefall as Japanese carmakers see sales plunge 26%, while Chinese EVs now dominate 70% of the market—threatening 700,000 jobs and a decades-old manufacturing ecosystem. Prime Minister Anutin vows to protect Japanese investors, highlighting their 60-year legacy as Thailand’s “Detroit of Asia.” But with EV incentives opening the door to Chinese rivals and sparking brutal price wars, the government must urgently balance transition with preservation—reshaping policies to support local battery production and safeguard the vital Japanese supply chain without…
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