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Home News Automotive

With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers

NEWSROOM by NEWSROOM
June 6, 2024
in Automotive, South Asia
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  • The U.S. government is determined to limit China’s ability “flood” the U.S. market with EVs and is reportedly looking at tariffs as high as 100%.
  • Tesla and other automakers are struggling to spur demand for electric vehicles as markets in Europe and the U.S. slow, and China ramps up production of low-cost EV models.
  • Thailand, sometimes referred to as the “Detroit of Asia” has a large automaker presence and is aggressively courting carmakers with EV incentives for manufactring and consumers.

Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact…



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