TOKYO -- As electric vehicles make up a larger share of global auto sales, reaching 7% in Australia and Thailand, EV-laggard Japanese automakers risk losing more ground to Chinese rivals in markets where they traditionally thrived.
Toyota, other Japan brands risk losing ground as consumers embrace electrics
China's BYD has amassed large shares of EV markets in Thailand, Australia and other countries. © Reuters
TOKYO -- As electric vehicles make up a larger share of global auto sales, reaching 7% in Australia and Thailand, EV-laggard Japanese automakers risk losing more ground to Chinese rivals in markets where they traditionally thrived.