BANGKOK -- The rush of Chinese automakers into Thailand's electric vehicle market is fueling a race to the bottom on prices, but heated competition in a soft market has raised alarms, prompting at least one player to turn to hybrids.
Competition in crowded market could spur forays into hybrids

BYD's revamped flagship Atto 3 electric sport utility vehicle is priced nearly 20% lower than the current model. (Photo by Hiroki Endo)
BANGKOK -- The rush of Chinese automakers into Thailand's electric vehicle market is fueling a race to the bottom on prices, but heated competition in a soft market has raised alarms, prompting at least one player to turn to hybrids.