BYD opens grand car manufacturing plant in Thailand

BYD and Reve Automotive Co., Ltd., the official distributor and after-sales service provider of BYD electric vehicles in Thailand under the Reve business group, officially opened the BYD Thailand factory at WHA Industrial Estate, Rayong Province, aiming to launch 100% electric vehicles and additional plug-in hybrid vehicles, and pushing Thailand to become the center of electric vehicles in ASEAN. This plant will be a production base for right-hand drive electric vehicles to serve the domestic market and export to other ASEAN countries. It is another important step in BYD's global expansion strategy, reflecting its commitment to the Southeast Asian market and the government's policy to promote domestic electric vehicle production to achieve the goal of 30% EV production of all vehicles by 2030. On this occasion, BYD delivered the 8 millionth new energy vehicle, the BYD DOLPHIN, to the Mae Fah Luang Foundation under Royal Patronage, reaffirming its commitment to innovation and sustainable transportation. This BYD automobile factory covers an area of ??over 948,000 square meters and took only 16 months to build since the groundbreaking ceremony. It comes with the concept of energy saving and low carbon, complete with automatic machinery, environmentally friendly production processes, and advanced logistics management systems. It covers 4 steps of vehicle production: forming, welding, painting, and assembly. All of this is to produce high-quality and standard electric vehicles for the Thai market. The factory has a maximum production capacity of up to 150,000 vehicles per year, including BYD DOLPHIN, BYD ATTO 3, BYD SEAL, and BYD SEALION 6, as well as being able to produce important parts such as batteries and powertrains. In the future, when the factory is fully operational, it is expected to create over 10,000 jobs. Mr. Wang Chuanfu, Chairman and President of BYD Group, said that BYD has been recognized rapidly since entering the Thai market for only 2 years, achieving the lead in electric vehicle sales for 18 co nsecutive months. In the future, BYD plans to launch more 100% electric vehicles and plug-in hybrid vehicles in Thailand. We will combine domestic manufacturing excellence with BYD's advanced new energy technologies to further promote China-Thailand relations. Mr. Liu Xueliang, General Manager of Sales, Asia Pacific, BYD Auto Industry Co., Ltd., said that this plant will not only help us to offer high-quality products made in Thailand, but also reaffirm our position as a global leader in the new energy vehicle industry. Importantly, we believe that this plant will create a large number of job opportunities for Thais, which will help support the development of skilled labor in the automotive and renewable energy industries. In addition, BYD Thailand's plant will continuously attract investment and promote the growth of other related industries, resulting in enormous economic benefits for the country. Mr. Prasertwong Phornprapha, Chief Executive Officer of Revae Business Group, said that in 2023, the global s ales of electric vehicles, including plug-in hybrid vehicles, were approximately 14.2 million units. We are therefore confident that the electric vehicle market in Thailand will continue to grow strongly. Revae Business Group remains committed to its mission to drive Thailand with electric power, reduce greenhouse gas emissions, and create new things to improve people's quality of life. The opening of BYD's new car manufacturing plant in Thailand will help us continue our strategic vision of 'NEW FUTURE, YOUR WAY', which aims to drive Thailand towards becoming a NEV Nation and achieve the goal of net-zero greenhouse gas emissions by 2065, which will support Thailand's transition to a sustainable future while driving economic growth for the country. Ms. Prasertporn Phornprapha, Deputy Chief Executive Officer, Reve Business Group, added, 'We believe that the official opening of BYD Thailand's factory will play an important role in supporting the increasing demand for EVs, enhancing our competitiveness in the T hai and ASEAN EV markets, and reaffirming the shared vision between BYD and Reve Group to provide high-quality products and services that meet the evolving needs of customers in Thailand and other right-hand drive countries. At the same time, Reve Group will continue to expand its showroom network to cover areas nationwide to strengthen the EV ecosystem and provide superior sales and after-sales services to provide customers with a seamless and worthwhile one-stop experience, as a token of our gratitude for the trust that Thai users have always placed in us. Reporters reported that for the opening of the first BYD automobile manufacturing plant in Thailand, BYD and Reve Automotive Co., Ltd. invited over 200 Chinese media and over 100 Thai automotive media to join in reporting the news Source: Thai News Agency