Toyota Motor Corporation (NYSE: TM) will reportedly team up with the Thailand government to boost the country's electric vehicle (EV) industry, Prime Minister Srettha Thavisin said after a discussion with the automakers' executives.
"Toyota said it sees the potential of Thailand's auto manufacturing industry especially in pick-up trucks and eco-cars," according to a news report by Reuters that cited a government statement on Thursday.
The news emerges alongside Toyota's strategy to test its inaugural EV pick-up truck in Thailand, aiming to escalate EV market presence ...