Chinese EV Makers Double Market Share in Thailand to 11% as Auto Sales Decline
- China's automakers doubled their market share in Thailand to 11% in 2023
- EV makers like BYD and Great Wall Motors drove the increase
- Great Wall began Thai production of EVs in January 2023
- Japanese automakers lost momentum as China's share expanded
- Total Thai auto sales fell 9% in 2023 to 775,780 units