Thailand’s first locally-produced electric vehicles recently rolled off the production line at the Rayong New Energy Automotive Manufacturing Base, a factory operated by China’s Great Wall Motors.
Great Wall Motors acquired the Rayong factory in November 2020, becoming the first Chinese automotive brand to fully enter the Thai market.
The Thai government aims to increase the country’s electric vehicle output to 30% of its total automotive production by 2030. It aims to become the production hub for electric vehicles and components in the ASEAN region.
Source: People’s Daily, January 15, 2024