World Bank urges Thailand to lure Korean, Japanese EV suppliers

Diversified supply chain critical to becoming export hub: report Thailand's Prime Minister Anutin Charnvirakul speaks at the Bangkok Business Summit on Sept. 3. (Photo by Apornrath Phoonphongphiphat) BANGKOK — Thailand should work to attract more battery and other suppliers from South Korea and Japan to become a regional export hub for electric vehicles, the World Bank said in a report released Thursday. The multilateral lender urged the Southeast Asian nation to build more diversified supply chains to support its economic growth.

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