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News Forum - What role for Thailand in China’s great European EV invasion?


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Just over a month ago, China’s top electric-vehicle (EV) maker BYD announced its first overseas factory, in Thailand. The company has bought 96 hectares (237 acres) at a Rayong industrial estate. The factory is expected to start producing in 2024 with an annual production capacity of about 150,000 vehicles. Vehicles made in Thailand will be sold locally as well as exported to neighbouring ASEAN countries and other areas, perhaps Europe. The news came as BYD goes aggressively global, replacing website www.byd.com with www.bydglobal.com. BYD is well-known for doing a lot in-house. It makes its own batteries, a big advantage given today’s […]

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And when in between 5-10 years the batteries are knackered and the  battery replacement cost is more than the value of the car and there’s no resale value because it’s due for an expensive battery replacement. 

Edited by Giltee
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