BYD, China’s electric car champion, is expanding its grip in Thailand, testing Japan’s long-standing dominance of the domestic car market as the two biggest automakers compete to develop the Asian market. According to Autolife Thailand, BYD only entered the Thai car market in July 2022, but already accounts for about 4% of total new car sales and more than one-third of electric car sales. While Toyota, Isuzu and Honda remain Thailand’s top three brands, BYD tops the list of EV manufacturers, the future wave of cars. In terminology…
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