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Supply Chain

Thailand, Indonesia emerge as bigger links in EV supply chain

Japanese, Chinese and South Korean suppliers get in ahead of vehicle production

Japanese chemicals maker Kuraray recently began production of high-performance resins at a new plant in eastern Thailand. (Photo courtesy of Kuraray)

BANGKOK -- Thailand and Indonesia have become two of the hottest Asian destinations for investment in parts and materials for electric vehicles, as Japanese, Chinese and South Korean players race to get in at the start of EV production in the region.

Japanese plastics maker Kuraray this month opened its first plant in Thailand.

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