Publication date:
July 4, 2024
BYD Expands Electric Vehicle Manufacturing Into Thailand
BYD's unveiling of its new EV plant in Rayong, Thailand, signifies an expansion into Southeast Asia with an annual capacity of 150,000 vehicles.
Manufacturing
Chinese automaker BYD has officially opened its inaugural electric vehicle production facility in Thailand, emphasizing the company's strategic move into the Southeast Asian market. The swift construction of the plant, located in Rayong south of Bangkok, underlines BYD's commitment to enhancing its presence in the region while concurrently targeting more affluent markets like the US and Europe. This expansion marks a significant step in BYD's global electric vehicle production strategy.