Collaborate with Chinese EV makers or suffer, Thai auto firm CEO warns

Aapico founder and CEO Yeap Swee Chuan. The company has expanded across Asia and is positioning itself for an industry reshaped by Chinese automakers and the shift to electric vehicles. (Nikkei montage source photos by Akitoshi Sugiura, Ken Kobayashi and courtesy of Aapico Hitech) Head of country's largest listed parts supplier, Aapico, says Beijing will 'win the war' BANGKOK — Collaboration with Chinese rivals is the only way companies in the automotive industry will survive in the long term, the head of Thailand's biggest listed parts supplier has predicted, citing their lower costs and better technology.

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