Great Wall and Foxconn bet on Thai electric car market

Japan's stranglehold comes under threat from other big Asian companies

20210610 Thai EV

Great Wall purchased an auto plant from General Motors last year and has been upgrading it to produce hybrid and electric cars. (Photo courtesy of Great Wall)

APORNRATH PHOONPHONGPHIPHAT and MASAYUKI YUDA, Nikkei staff writer

BANGKOK -- As the global automotive industry undergoes a radical shift toward electrification, Thailand, the manufacturing hub of Southeast Asia, is emerging as a new arena of competition for the world's leading manufacturers.

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