Narong Sritalayon, managing director at Great Wall Motor (GWM) Thailand, told Nikkei Asia that the company plans to invest a total of THB22.6 billion (US$62.5 million) in manufacturing EVs, EV parts, and EV infrastructure in Thailand.

2022 has been a year of Black Swans. The unforeseen events that disrupted the supply chains this year included the Russia-Ukraine war, China pandemic lockdowns, and the US announcing new export control rules on October 7. Just the Russia-Ukraine war alone is estimated to cost the world US$2.8 trillion in lost output by the end of 2023, according to OECD.

Vanguard International Semiconductor (VIS) has moved its 0.35-micron 650V GaN-on-QST processing technology to mass production on 200mm wafers after completing customer-end verification of system and reliability for its first batch of products, according to the specialty IC foundry.