...EV progression into South East Asia is not smooth sailing....

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    ...EV progression into South East Asia is not smooth sailing.

    Thailand now has 490,000 unsold EVs, according to the Electric Vehicle Association of Thailand (EVAT), equivalent to 63% of all vehicles the country turned out in the past 12 months.”

    Thai subsidies for Chinese EV makers wreak havoc

    https://x.com/dunne_insights/status/1816681296518873575
 
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