Southeast Asia’s EV boom sidelines local car parts suppliers
South China Morning Post
The brief
Southeast Asia’s electric vehicle boom risks leaving the region’s smaller companies behind, as Chinese automotive giants bypass local part-makers in favour of imported components and locked-in supplier networks. Local manufacturers across Indonesia, Thailand and Malaysia are facing a double squeeze: demand is weakening for parts used in petrol and diesel cars, collectively known as internal combustion engine (ICE) ve…
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South China Morning Post
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