Remove Building Remove Market Remove Sale Remove Thailand
article thumbnail

Foxconn partnering with Thailand’s PTT to build EVs; MIH open EV platform

Green Car Congress

Foxconn and PTT have signed a Memorandum of Understanding to collaborate in setting up an open platform for producing electric vehicles (EV) and key components to serve the EV sector in Thailand. PTT is a Thai state-owned oil and gas company and the largest publicly listed conglomerate in Thailand.

Thailand 334
article thumbnail

BYD begins construction of Thailand plant with annual capacity of 150,000 units

CN EV Post

On March 10, BYD held a groundbreaking ceremony for the plant in Thailand, and the delivery ceremony for the 10,000th BYD Atto 3. BYDDY.US | BYD HK BYD began construction of its passenger car plant in Thailand, as it reaches a milestone in deliveries there. platform offered in Thailand.

article thumbnail

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

Baua Electric

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. Once up and running, BYD’s new plant in Thailand is expected to build 150,000 EVs a year.

article thumbnail

Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. billion in EV investments.

article thumbnail

Neta starts construction of its first overseas plant in Thailand, with planned annual capacity of 20,000 units

CN EV Post

Neta is building the electric vehicle assembly site with Thailand's BGAC and expects it to start production by the end of January 2024. Neta laid the groundbreaking for its plant in Bangkok, Thailand, on March 10, which will be its main manufacturing base for right-hand drive EVs for export to ASEAN, the company said today.

article thumbnail

Toyota to launch electric Hilux pickup by 2025 as Japanese rival aims to beat it to market

Baua Electric

According to the company’s Thailand president, Toyota will launch an electric Hilux pickup by the end of 2025. The Toyota Hilux is built in six nations with sales across 180 countries and regions. Japanese automakers like Toyota and Nissan have long dominated the Thai market, but new electric models are stealing sales momentum.

Isuzu 52
article thumbnail

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles. Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 What is the mystery behind it?.

Asia 97