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China’s BYD Plans EV Production in Thailand – Nikkei

China’s car maker has purchased 112 hectares of land in Thailand’s Rayong province, which will be the electric vehicle maker’s first hub in Southeast Asia, said Nikkei


China's BYD plans to set up a manufacturing plant for electric vehicles in Rayong, southeast of Bangkok.
BYD has bought 112 hectares of land in Rayong, southeast of Bangkok, and plans to build a factory to assemble electric vehicles in the Kingdom. Japanese carmakers such as Isuzu already have facilities in Thailand, which is why it is sometimes called the 'Detroit of the East'. Photo: Reuters.

 

China’s largest electric vehicle producer, BYD, is to set up a production hub in Thailand to meet rising demand in Southeast Asia, Nikkei Asia reported.

BYD has purchased 112 hectares of land in Thailand’s Rayong province, said the report, which will be the electric vehicle maker’s first manufacturing centre in Southeast Asia.

Read the full report: Nikkei Asia

 

 

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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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