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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

MARCH 29, 2024

The company announced Friday its investment will create a significant number of jobs while bringing advanced EV manufacturing tech to the region. The automaker solidified its commitment to the region as Thailand works toward its goal of having 30% of vehicles manufactured in the country to be electric.

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Thailand BYD Production Uzbekistan 52
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

MAY 7, 2024

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. New subsidies, including for domestic battery manufacturing, and lower import and excise taxes, combined with the growing presence of Chinese carmakers, have contributed to rapidly increasing sales. China exported over 1.2

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