The Federation of Thai Industries says there are about 260,000 EVs registered in Thailand and the Finance ministry expects about 20,000 units to be sold this year

The SUV - which will come in hybrid, plug-in hybrid and full-electric models - marks an attempt to make the Crown more relevant as consumers shy away from sedans

Toyota said on Tuesday it would make additional production cuts in March due to a shortage of computer chips, days after reducing its domestic production target for the April-June quarter