BANGKOK, 18 OCT – The presence of Chinese automotive manufacturing companies in the ASEAN market will help the countries involved in modernizing the vehicle industrial chain.
So said the President of the Electric Vehicle Association of Thailand (EVAT) Suroj Sangsanit in a recent interview with China Media Group (CMG).
As of July this year, there are seven Chinese auto manufacturers including BYD, Great Wall, Changan and Chery that have built factories in Thailand.
In the meantime, the BYD brand completed a factory with an area of almost one million square meters in an industrial park in Rayong province, which is 185 kilometers from Bangkok.
Suroj described it as a great opportunity for ASEAN, allowing the company to master the production techniques of high-tech electric vehicle (EV) components.
In recent years, Thailand introduced a series of policies to drive the development of the EV industry in order to reduce dependence on fossil fuels. – Named
