Production might shift to Thailand PUBLISHED : 23 May 2024 at 07: 02 An electrical automobile charges at the Fast Auto Show Thailand & EV Expo. Chinese EV makers are investing in Thailand, intending to establish it as an export base. (Photo: Wichan Charoenkiatpakul) The UnitedStates justrecently enforced really high tariffs on Chinese items, especially electrical lorries and semiconductors, which will cause China to concentrate on broadening its EV production within Asia, with Thailand poised to endedupbeing a secret export center, states the Federation of Thai Industries (FTI). President Joe Biden’s administration pointedout Beijing’s unreasonable trade practices for the walking, with EV tariffs to be quadrupled to a 100% rate, solar cells and semiconductors
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