Live from Manufacturing Expo 2023 in Thailand
Thailand‘s economic policy attempts to position the country as an independent manufacturing hub for sustainably produced, high-technology products. Thailand’s ambitious export plans target an expansion into new markets such as Oceania, Saudi Arabia and India.
The electric vehicle industry is one big example, from complete vehicle units, auto parts, electronics to charging infrastructure – Thailand is becoming a key player in the region and benefits from ASEAN free trade agreements.
Lucy Electric Thailand and Delta Electronics Thailand are perfect examples of successful localization in Thailand and contribute well to GetAhead’s Sourcing Strategies in South East Asia.