Japan says China's EV boom in Thailand is a huge threat to its auto market

We Thai people don't care about Japanese cars. We want what best for us and our country.

We have to keep in mind all the times the Japanese car makers deliberately did the wrong things with regard to adopting electric. Over and over again. Even crossing over into criminality. At this point, you just have to say they have it coming. They asked for it.

Not ONLY Thailand. Malaysia , Singapore, Indonesia, Philipines, LAOS, Cambodia, Vietnam, etc. Why ... Chinese EV are BETTER Quality and Features, Slightly more expensive , Much Cheaper to Run and Maintain, Longer warranties . CONSUMERS now have a wider choice and better quality.

Japanese automakers have had a stranglehold on Asian auto market for decades. When you have like 90% market share, there's nowhere to go but down.

China EVs industry is incredibly impressive. Well done China 👍❤️🇨🇳

Welcome to the real world Japan.

Toyotas CEO team obviously have completely lost their marbles.

For all the lies they spread about EV. They had it coming. They can build hydrogen vehicles. 😂

competition is always good for consumers.

Have to say that not having to inhale ICE tailpipe exhaust is a new & refreshing experience

This will be a Harvard Business School case study for decades to come - alongside Kodak, Nokia and IBM.

The 3 generation rules : 1 gen. Founds a successful business 2 gen. Run and expand the business 3 gen. Dunning-Krugger effect idiot runs the business into the ground. Akio Toyoda’s long list of strategical business errors will be teached as the perfect example of not what to do in a car business management. In the future he will be labeled the most destructive man in Japan’s industrial history.

Toyoda the grandson of Toyotas founder was CEO for more than 10 years. He has now been appointed as President of the company. The new CEO is one of his people as are almost the entire senior management of the company. Toyoda has made one outrageous and unfulfilled promise after another for more than a decade.Toyota has made negligible new developments, it has all been advertizing, marketing bulldust, and no substance for the past 10 years at least. Toyoda himself is China's greatest asset in Japan; his answer is always the same: another absurd press release to Toyota compliant motor journalists. Nothing of any substance ever. It would not surprise me if one of the Chinese companies offered a very low price for one of the smaller J companies. It would be rejected of course, but would show the world what the future of the Japanese motor industry is really worth

Thailand: Subaru quits. Honda halves out output. Toyota and Suzuki cut back. BYD making Dolphins locally, batteries coming. More EVs every day. EVs everywhere...

Indonesia is next. Just like thailand. Byd is eating toyota and hondas lunch.

The writing is on the wall, nobody can compete with China and their gov with cars except Tesla.

Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

Let the Japanese automakers go out of business in Thailand. Chinese made BYD EV's are superior to Japanese ICE vehicles.

Japan auto industry is in trouble, it's too rigid in its own ways, really don't like change or admitting they got something wrong. Honda for example, they're so deluded they think selling a base model Civic for $48k is a good idea. No more Jazz, no more City, no more Odessey. Basically, nothing under $40k if you want a Honda vehicle, with piss poor options, and one of the lowest warranty on the market, then they wonder why people look elsewhere. I loved my little 2013 Civic hatch, zippy little 4 banger that was cheap and cheerful motoring with a 6-speed manual box. Now that it's time to move it on, I'm saying hello to a BYD Seal soon.

I went to the large annnual auto show in Bangkok, EV sellers every popular. toyota did not have one BEV. they are sleeping