World Bank urges Thailand to lure Korean, Japanese EV suppliers

Electric vehiclesDiversified supply chain critical to becoming export hub: reportThailand's Prime Minister Anutin Charnvirakul speaks at the Bangkok Business Summit on Sept. 3. (Photo by Apornrath Phoonphongphiphat)APORNRATH PHOONPHONGPHIPHATSeptember 3, 2026 17:53 JSTBANGKOK -- 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.