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Chinese automakers dominate booming Thai EV market

Government pushes PTT-Foxconn joint venture to roll out cars within year

China's Great Wall Motor sold 500 limited-edition Ora Good Cat EVs, its entire stock, in 58 minutes at the model's launch last week.   © Reuters

BANGKOK -- Chinese automakers have grabbed a big slice of Thailand's rapidly growing electric vehicle market, thanks to government subsidies that have lowered prices for buyers and jacked up sales more than fourfold this year.

China's Great Wall Motor is the best known EV brand in Thailand. The company has sold more than 2,000 cars to Thai drivers since entering the market a year ago. This year more than 3,000 people are waiting to take delivery of Great Wall EVs.

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