Japan's Mazda plans $150 million investment in Thailand EV production
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Mazda Motor Corp is set to invest $150 million in Thailand to produce electric compact SUVs, as announced by Thailand's Board of Investment.
February 13, 2025 | 9:15 am
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Mazda Motor Corp is investing $150 million in Thailand to produce electric compact SUVs, indicating a strategic expansion in the EV market.
Mazda's investment in Thailand for EV production suggests a strategic move to expand its presence in the growing electric vehicle market. This could positively impact Mazda's stock as it aligns with global trends towards electric vehicles.
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