Chinese automakers dominate booming Thai EV market

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

20220705 ora good cat

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

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer

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.

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