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Chery Automobile Expands to Thailand
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Chery Automobile from China will establish a manufacturing plant in Thailand, starting production in 2025 with an initial output of 50,000 electric and hybrid vehicles. The plant's capacity is set to reach 80,000 vehicles by 2028, marking the eighth Chinese automaker to invest in Thailand's auto industry.
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How could the increasing presence of Chinese automakers in Thailand affect the country's economy and trade dynamics?
How might Chery Automobile's entry impact the market share of Japanese automakers in Thailand?
What factors influenced Chery Automobile's decision to choose Thailand for its manufacturing plant?
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