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In the past two years, Chinese automakers including BYD, GAC Aion, and Chery have announced plans to build manufacturing facilities in Thailand. ... Toyota was still the No. 1 car company in ...
The sole Thai distributor of BYD, the world's biggest electric vehicle maker, will triple its dealerships in Thailand in two years, it said, helping to cement the Chinese automaker's dominant ...
BYD said its new plant would eventually generate about 10,000 jobs and produce 150,000 vehicles a year. When the company launched in Thailand, its distributor offered steep discounts on several ...
BYD was founded by Wang Chuanfu in February 1995 as a battery manufacturing company. BYD's largest subsidiary, BYD Auto, was founded in 2003 and has grown to become the world's largest manufacturer of plug-in electric vehicles. [13] Since 2009, BYD's automotive business has contributed over 50% of its revenue.
In October 2022, BYD began selling passenger electric cars in Thailand through a partnership with local company Rêver Automotive. [159] In 2023, BYD announced plans to construct a new electric vehicle manufacturing plant in the Eastern Economic Corridor (EEC) special zone in Rayong , Thailand with an annual capacity of 150,000 vehicles.
The BYD e6 was launched in the Thai market in September 2018 (along with the K9 electric bus). 50 units were delivered in 2018 to EV Society Co, operating a taxi fleet at Bangkok-Suvarnabhumi Airport. In early 2019, 50 more bookings were received from the same company for their operations at Bangkok-Don Mueang Airport. [86]
Thailand, a regional auto assembly and export hub, is BYD's largest overseas market, where it is the top-selling electric vehicle brand. BYD last month opened a factory in Thailand, its first in ...
As of 2023, the Song Plus is the best-selling BYD SUV in China. Global cumulative production of the model (excluding the ICE-powered variant) surpassed 1 million units by July 2024. [7] In 2023, BYD introduced the Song Plus EV as the BYD Seal U in Europe. The plug-in hybrid Seal U DM-i was introduced later in 2024.