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Chery Automobile Expands to Thailand
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Chinese automaker Chery Automobile to establish a manufacturing plant in Thailand by 2025, targeting an initial output of 50,000 electric and hybrid vehicles to be expanded to 80,000 by 2028. This move signals the eighth Chinese automaker investment in Thailand, a hub traditionally led by Japanese brands.
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How might Chery Automobile's entry impact the market share of Japanese automakers in Thailand?
What broader implications does China's expanding presence in Thailand's automotive sector have on regional trade dynamics?
What strategies could Japanese brands adopt in response to increased Chinese presence in Thailand's automotive industry?
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