Chinese electric vehicle manufacturers, including BYD, Hozon Auto, and Great Wall Motor, have made significant progress in penetrating Thailand’s car market. Together, they currently hold an 8% market share and are leading the way in the electric vehicle segment.
- The demand for electric vehicles (EVs) in Thailand is rapidly increasing, with Chinese-owned brands holding close to 80% of the EV market, compared to less than 1% for Japanese brands.
- Chinese EV makers like BYD and Hozon Auto are gaining significant market share in Thailand, challenging the dominance of established Japanese…
