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When Chinese EVs dominate a market
Description
Thailand's massive car manufacturing industry has seen the country nicknamed the "Detroit of Asia".
But China's electric vehicle boom is shaking up the Thai automotive sector, with Chinese brands dominating the EV market and local manufacturers pushing for tariffs to protects themselves as vehicle production falls.
Meanwhile in Australia, the economics of going electric are shifting again as oil prices come under renewed pressure and EV sales climb.
On ABC Business Daily, Carrington Clarke and ABC Business Reporter Lin Lin explain how consumer behaviour and government policy turned Thailand's car market upside down, and unpack what we can learn from it in Australia.
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We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.