BYD has opened its electric vehicle assembly plant in Rayong, Thailand, where the Chinese manufacturer will be producing vehicles as part of its expansion outside its native China, reported
“Thailand has a clear EV vision and is entering a new era of auto manufacturing. We will bring technology from China to Thailand, BYD president and CEO Wang Chuanfu was quoted as saying at the plant’s opening ceremony.at the Rayong plant, and now the Thailand facility has produced its eight millionth NEV from the brand, a BYD Dolphin, according to
The Rayong facility will have an annual production capacity of 150,000 units, which includes plug-in hybrid vehicles. Batteries “and other important parts” will also be assembled at the plant, said BYD Asia Pacific GM Liu Xueliang. This plant will employ around 10,000 workers, according to “BYD is using Thailand as a production hub for export to ASEAN and many other countries,” secretary-general of the Thailand board of investment Narit Therdsteerasukdi was quoted by, which is set to commence operations in three years, according to the news wire. The European Commission is imposing up to 38.1% in tariffs upon China-made EVs, and those made by BYD in China will incur tariffs of around 17%, it wrote.
Right-hand-drive models made at the plant will potentially allow BYD to get around tariffs imposed by the European Union, which are applicable to vehicles made in China.Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.
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