Hozon to produce EVs in Thailand for regional market

People wearing face masks following the coronavirus disease (COVID-19) outbreak stand under a Neta by Hozon logo as they attend the Beijing International Automotive Exhibition, or Auto China show, in Beijing, China September 27, 2020. REUTERS/Tingshu Wang

BANGKOK: China’s Hozon New Energy Automobile will make electric vehicles (EVs) in Thailand for the South-East Asian market, a Thai official says, as it follows others in building facilities in the region’s major auto production hub.

Hozon signed an agreement with Thailand’s Bangchan General Assembly this week to start production of its Neta V model, expected in 2024, Thai government spokesperson Tipanan Sirichana said in a statement.