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Thailand’s automotive industry is targeting annual production of 1.95 million vehicles by 2030, according to a First Squawk post. The goal sets a long-term benchmark for one of Southeast Asia’s largest vehicle-manufacturing hubs. It matters because output at that scale would shape Thailand’s export capacity, supply-chain demand and its role in the regional auto market. What to watch next is whether the target is backed by concrete investment and policy measures, and how production trends track toward it over the coming years.

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Thailand, Thai Auto Industry