New Thailand PM Srettha Thavisin held talks with Elon Musk to discuss EV industry; investment expected

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Recently-elected prime minister of Thailand, Srettha Thavisin met with Tesla CEO Elon Musk during a visit to New York, United States to discuss the electric vehicle industry, Reuters reported. Srettha was in New York to …

Recently-elected prime minister of Thailand, Srettha Thavisin met with Tesla CEO Elon Musk during a visit to New York, United States to discuss the electric vehicle industry,reported separately

that the country is expected to receive investment of at least US$5 billion from companies including Tesla, Google and Microsoft. “Tesla would be looking into an EV manufacturing facility, [while] Microsoft and Google are looking at data centres,” Srettha said on X , though it was not detailed whether the sum referred to a combined investment or invested individually by each company.

Thailand has been offering incentives to electric vehicle manufacturers and EV battery producers as well as tax cuts to local EV buyers in order to bolster its position as a regional automotive hub, according to

 

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