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China Daily / 2024-08 / 15 / Page002

With Chinese help, Thailand aims to become production hub

By Yang Wanli in Bangkok | China Daily | Updated: 2024-08-15 00:00
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To achieve the Thai government's goal of building the country into the electric vehicle hub of Southeast Asia, the kingdom is welcoming Chinese EV manufacturers and their innovative technologies to integrate with local industrial chains.

Thailand has set a target of making 30 percent of its car production EVs by 2030.

"We welcome Chinese companies with new quality productive forces to set up their factories and even regional headquarters in Thailand. In return, Thailand will release more incentive measures to support their development," said Thailand's minister of industry, Pimphattra Wichaikul.

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