EV manufacturer Chery to invest in Thailand


The company aims to use Thailand as a production base to meet the domestic demand for right-hand drive EVs, as well as export the vehices to Asean, Australia and the Middle East.

BANGKOK: Chery Automobile, an electric vehicle (EV) manufacturer from China, has been granted promotional privileges to establish a production facility in Thailand by the Thailand Board of Investment (BOI).

Chery is the eighth EV maker from China to be approved following BYD, MG, Great Wall Motor, Changan Automobile, GAC Aion, NETA and Foton, Narit Therdsteerasukdi, BOI secretary-general, said on Monday.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Falling property prices - a boon for buyers
Grey neighbourhoods: fit for the ageing
Ringgit seen holding steady against US dollar next week
Oil posts biggest weekly gains in over a year
Dow ends at record high on easing economic worries
It’s looking up for the ringgit
Finding value in rare prints
E-scooters charging up daily commutes
Chip sector in growth phase
Navigating global market landscape

Others Also Read