BYD confirms to build electric vehicle manufacturing plant in Thailand with annual production capacity of 150,000 vehicles

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Author : Interface News
Update time : 2022-09-12 14:56:11

Bloomberg reported on September 8 that BYD plans to build its first electric vehicle manufacturing plant in Southeast Asia in Thailand.

 

The factory will be built in an industrial park in Rayong province with an annual production capacity of 150,000 vehicles, according to a joint statement issued by BYD and WHA. The company signed a land purchase agreement with WHA on Thursday.

 

The Thai plant is expected to start production in 2024 and will produce right-hand drive models, which will be exported to Southeast Asia and Europe.

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