Krisda Utamote, President of the Thailand Electric Vehicle Association: Chinese electric vehicles will shake the position of Japanese brands

As an emerging blue ocean market, Southeast Asia has attracted global attention, and many industries plan to establish new production lines here.

Thailand is the largest automobile producing country and the second largest automobile sales market among ASEAN countries. It is an important automobile exporting country in Asia. Half of the automobile production is exported every year.

Under the impact of the epidemic and the changes in the global situation, automobile manufacturers realized the importance of decentralizing the production of parts and components and reducing the dependence on the supply chain in a certain place, and began to accelerate the transfer of manufacturing bases. At the same time, Thailand is introducing a series of preferential subsidy policies for the electric vehicle industry. Thailand is increasingly becoming an ideal production base for the electric vehicle industry.