BYD Auto Thailand Co., Ltd. (hereinafter referred to as BYD) signed a contract with WHA Weihua Group Volkswagen Co., Ltd., and officially signed an agreement on land subscription and plant construction. This marks the official landing of the first overseas passenger car factory wholly invested by BYD in Thailand.
On August 8 this year, BYD and local partner RÊVER held a brand conference in Bangkok, announcing its official entry into the Thai passenger car market. At present, BYD has technologies such as blade batteries, e-platform 3.0, and DM-i super hybrid.
BYD said that with the launch of the first overseas passenger car factory, the company will give full play to its advantages in the whole industry chain and core technology, and actively promote the popularization of new energy vehicles by combining the precipitation of Thailand's local auto industry and the effect of large-scale industrial clusters.
BYD's Thailand factory will adopt right-hand drive vehicle technology and is expected to start operation in 2024 with an annual production capacity of about 150,000 vehicles. The vehicles produced will be put into the Thai domestic market, as well as neighboring ASEAN countries and other regions.
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