Toyota pilots EV pickup trucks in key Thai market [Reuters]
ISUZU MOTORS UNSP/ADR (ISUZY)
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Source: Reuters
Thailand, a key Southeast Asian battleground for electric vehicles where Chinese players are challenging the dominance of Japanese automakers. "The battery EV Revo have been modified into song-taews for public transportation," Toyota Motor Thailand Executive Vice President Surapoom Udomwong said Thursday, referring to the pickup trucks that have been re-purposed for public transit. A motorcade of Toyota electric pickup trucks drove through the Thai seaside city of Pattaya some 100 km (62 miles) east of Bangkok, where the vehicles were deployed for fixed-route transit. The world's top-selling automaker's move in Thailand comes as Chinese EV brands into the region's main auto assembly and export hub. Japanese carmakers, such as Toyota Motors , Honda Motors and Isuzu Motors have for decades dominated the Thai auto sector. But government subsidies and tax incentives have brought a from China, with its EV automakers committing more than $1.44 billion worth of investments in Thail
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