More China EV makers eye Thailand as production base

A factory of Hozon New Energy Automobile Co., Ltd in Jiaxing, Zhejiang Province of China.Source: VCG/Visual China Group/Getty Images

BANGKOK: More major Chinese electric vehicle (EV) makers are eyeing Thailand as a manufacturing and distribution base to neighbouring economies, according to the Thai-Chinese Chamber of Commerce.

Prospects are backed by recent investment incentives in the kingdom for Chinese automakers, and investments are pouring in, the chamber’s chairman Narongsak Putthapornmongkol said.