Reported about 11 hours ago
Mazda Motor Corp is set to invest 5 billion baht ($150 million) in Thailand to manufacture electric compact SUVs, aiming for an annual production of 100,000 units to bolster domestic sales and exports. This investment comes as Thailand's automotive industry faces challenges, with a significant drop in domestic auto sales and production reaching a four-year low. The country remains a key vehicle production hub in Southeast Asia, attracting investments from various automakers.
Source: YAHOO