Chinese EV makers challenging market leaders at auto show in Bangkok
Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show
By ELAINE KURTENBACH
Published - Mar 26, 2024, 08:00 AM ET
Last Updated - Mar 26, 2024, 08:00 AM EDT
BANGKOK (AP) — Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show.
Companies like BYD, XPeng and Great Wall Motors are quickly growing their sales in Thailand, challenging longstanding market leaders like Toyota, Isuzu and Ford, as they expand exports across the globe.
And Thailand, one of the biggest markets in Southeast Asia, a region of more than 600 million people, has made developing its EV market a priority.
Tesla launched sales in late 2022, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China’s BYD.
