Thailand leads ASEAN-6 electrified sales with 47% rise
Thailand recorded a 47% rise in electrified sales, according to the source. The trend is linked to growing Chinese automakers’ share in ASEAN-6 and is said to be increasing pressure on incumbents over price and range.
Thailand recorded a 47% rise in electrified sales, according to Automotive World.
The source says Chinese automakers’ rising share in ASEAN-6 is accelerating Thailand’s electrification.
It adds that incumbents are being squeezed on price and range, although no further details are provided.