China’s electric carmakers eye Thailand in next sales push

China’s biggest maker of electric and hybrid cars, BYD Co, announced plans to build its first overseas electric passenger car plant in Rayong in September.

BANGKOK (Bloomberg): In Europe, a flurry of Chinese carmakers are trying to unseat storied legacy brands. Half a world away and far from the buzz of the Paris motor show, a similar revolution is playing out in South-East Asia, in Thailand, where China’s auto manufacturers are facing off against Japanese incumbents.

In September, China’s biggest maker of electric and hybrid cars, BYD Co, announced plans to build its first overseas electric passenger car plant in Rayong, a coastal city southeast of Bangkok.