Thailand’s new PM holds talks with Musk

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Thailand’s new PM holds talks with Musk
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Thailand has been offering incentives to EV and battery makers, and tax cuts to local EV buyers.

EVs have been steadily gaining traction in Southeast Asia, a market dominated by Japanese carmakers.

Thailand, Asia’s fourth-largest automobile assembly hub, has been offering incentives to EV and battery makers, and tax cuts to local EV buyers, to remain a regional auto centre. “We look forward to further discussions,” Srettha posted on messaging platform X, formerly known as Twitter.

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