BOI approves Astemo Asia’s project to produce PCU inverters for EVs in Thailand

Announced on October 17, 2025, the Thailand Board of Investment (BOI) granted investment incentives for projects totaling THB 7 billion (around USD 215 million), including an automotive parts initiative led by a prominent Japanese firm.
Astemo Asia Ltd. (formerly Hitachi Astemo Asia Co., Ltd.) secured approval for a ....

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