Clock’s ticking for Thai and Japanese auto companies in fast-changing market
THURSDAY, SEPTEMBER 26, 2024
Thai automotive suppliers and Japanese automakers have around four years to prepare for intense competition from Chinese auto companies, automotive manufacturer Thai Summit Group said on Thursday.
CHINESE automaker Zhejiang Geely Holding Group has announced a major partnership to put its first 5G and C-V2X-enabled vehicles into mass production by 2021, as the country’s car industry enters the fast lane of intelligent-connected vehicles with the approach of 5G commercialisation.