Isuzu Motors Limited (7202.T)

Japan's Isuzu Motors to produce EV pickup trucks in Thailand

Japanese automaker Isuzu Motors plans to use Thailand as a production base for an electric version of its D-MAX pickup truck, with a plan to start exports next year, a Thai government spokesperson said on Thursday. Chai Wacharonke said the firm plans to invest 1 trillion yen ($6.62 billion) in research and development by 2030, including in a testing centre. The electric D-MAX will be exported from Thailand starting in 2025 to countries like Norway, Britain, Australia and others, Chai said.