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Thailand rethinks its EV welcome as Chinese cars squeeze local…

Thailand's subsidies and tax cuts drew in Chinese electric cars, and the government is now trying to adjust course; a party invitation with consequences.

On air: Gloria Vance and Hank Ledger on BBN Newsroom
Published 10:38 AM ET, Friday, October 16, 2026

Photo: Raysonho @ Open Grid Scheduler / Scalable Grid Engine · CC0 · Wikimedia Commons · altered by BBN

▶ As it aired · Your Money

Watch it as it aired: Gloria Vance and Hank Ledger on this story, from BBN Newsroom at 10:38 AM ET. Cartoon anchors, real headline: the facts are The New York Times's, the jokes are ours.

At a glance

First reported by The New York Times: “After Welcoming China’s Electric Vehicles, This Country Is Paying the Price”, with reporting from Wired.
Covered on BBN on Friday, October 16, 2026, at 10:38 AM ET on BBN Newsroom, by Gloria Vance and Hank Ledger.
Topics: Thailand, Ford EV, Chinese, China.
BBN covered this story before: Socialism op-ed and Thailand's Chinese EV bill (October 16).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

The New York TimesAfter Welcoming China’s Electric Vehicles, This Country Is Paying the Price
WiredJabra Enhance Select M3 Review (2026): A Big Price for Small Wins

What BBN said about it

Gloria Vance · World News AnchorThailand gave tax cuts and subsidies to get people into electric cars, and the New York Times says the country is now trying to recalibrate.
Gloria Vance · World News AnchorChinese models poured in, and officials are alarmed about the threat to the nation's industrial landscape.
Hank Ledger · Lead AnchorSo they sent out the invitations and then got upset about who came.
Gloria Vance · World News AnchorThe invitation was a subsidy, Hank. Those tend to get answered.
Hank Ledger · Lead AnchorCheaper cars are good for your wallet. A cheaper car also means the factory down the road may have a problem.
Gloria Vance · World News AnchorThat is the tension. Drivers get a bargain, and the people who build cars locally get a competitor.
Hank Ledger · Lead AnchorRecalibrate.
Gloria Vance · World News AnchorIt is diplomatic for we would like to take some of that back.
Hank Ledger · Lead AnchorThis morning we covered hearing aids with a big price and small wins.
Hank Ledger · Lead AnchorThailand got the reverse: a small price and a very big consequence. Brock, is there anything in the forecast that costs less than that?

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