China’s BYD inaugurates first plant in Thailand as it expands reach into Southeast Asia
5 months, 2 weeks ago

China’s BYD inaugurates first plant in Thailand as it expands reach into Southeast Asia

Associated Press  

BANGKOK — Chinese automaker BYD inaugurated its first electric vehicle plant in Thailand on Thursday, part of the company’s push into Southeast Asia while it also tackles wealthier markets in the U.S. and Europe. One in every three EVs sold in Thailand is made by BYD, though most cars on the roads now are still gas or diesel powered. It sold 30,650 EVs in Thailand last year and plans for its new factory to make the Dolphin, Atto 3, Seal and Sealion 6 EV models. During a recent auto show in Bangkok, models on display were priced at 859,999 baht, though reports said BYD would be offering steep discounts in Thailand on vehicles made in the new factory.

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