China to set up auto research institute in Thailand, focus on electric vehicles ...Middle East

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China to set up auto research institute in Thailand, focus on electric vehicles
China will establish a China Automotive Technology and Research Center (CATARC) in regional automaking hub Thailand, Thailand’s government said on Friday, the centre’s fourth such facility in the world. Representational picture(File photo) Thai government tax incentives and subsidies have already drawn Chinese carmakers, including BYD and Great Wall Motor, which have committed to investing $1.44 billion in new production facilities in the country. Stay tuned with breaking news on HT Channel on Facebook. Join Now CATARC, a Chinese government affiliated auto research institute, has centres in Germany, Switzerland and Japan and the latest one will facilitate Chinese electric vehicle (E

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