BANGKOK -- Automakers from China, Japan and Europe are racing into Thailand's electric vehicle market, lured by government subsidies and forecasts of rapid growth in the sector as more people shift to greener transport.
The charge into EVs is taking center stage at the country's largest auto expo, which kicked off on Wednesday. Over 20 electric cars from international companies are on display at the Bangkok International Motor Show, according to organizers. The event is expected to generate around 30 billion baht ($900 million) through car sales and advertising fees.