Honda Motor will halt vehicle production at its factory in Ayutthaya province in Thailand by 2025. This decision is part of the company’s plan to consolidate its output under the plant it runs in Prachinburi province. The Ayutthaya plant, which first opened in 1996, will instead be used to produce car parts. This move comes Read more: Honda Motor to halt vehicle production at Ayutthaya plants in Thai..
BYD, a Chinese electric vehicle maker, has acquired a 20% stake in its Thai distributor, Rever Automotive. This move strengthens BYD’s presence in Thailand, which is its largest market outside of China and where it is the leading EV brand. BYD recently opened its first Southeast Asian factory in Thailand, a $490 million facility with Read more: BYD acquires 20% stake in Rever Automotive, its EV dealer in Thai..
BYD EV factory opened in Thailand: BYD, a leading Chinese electric vehicle (EV) manufacturer, has opened its first factory in Southeast Asia, located in Thailand. This marks a significant expansion for BYD EV factory and highlights the growing demand for EVs in the region. The BYD EV factory is expected to produce up to 150,000 Read more: China’s BYD EV factory opened in Thailand, first in Southeast Asia..