BYD Auto (Thailand) Company Limited formally signed a contract with WHA Corporation Public Company Limited to build its first overseas plant.
WHA is Thailand’s leading developer of industrial estates, on land purchase and factory construction.
As the largest auto market in ASEAN and the auto manufacturing center in Southeast Asia, Thailand has been granted an exceptional advantage in the auto industry. In recent years, facilitating by policy incentives including developing charging infrastructure, building a smart grid and tax credits for NEVs, Thailand’s NEV market has developed rapidly, offering an unprecedented opportunity for BYD to build the production plant in Thailand.
BYD held a joint brand conference with its local partner RÊVER in Bangkok on August 8 this year to announce its official entry into the Thai passenger vehicle market. BYD has been poised to work with its partners and dealers to provide outstanding products and quality services for consumers and promote the development of the NEV industry in Thailand.
Source: BYD
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