Changan welcomes TTB to visit car manufacturing plant: Investing in Thailand, expanding ASEAN market
AshleyMay 15, 2024, 03:52 PM
On May 15, Wang Jun, Chairman of Changan, welcomed Thanachart Thai Military Bank Public Company Limited (TTB) to visit Changan's automobile manufacturing factory.
In this tour, the TTB board of directors not only visited Changan's automobile R&D center, but also test drove Changan's electric cars. The cars that Changan currently sells in Thailand are DEEPAL L07 and DEEPAL S07, and AVATR 11 is about to enter the Thai market.
Thailand is a major automobile production base in Southeast Asia. Because of its preferential policy support and geographical advantage for leveraging ASEAN markets, it attracts investment from global automobile companies. Changan is a major automobile manufacturer in China and has embarked on a development strategy to go global. Last year, it announced an investment of 8.8 billion baht in Thailand to set up an electric car production factory, making Thailand a right-hand drive electric car production base, with the aim of exporting products to all ASEAN markets through Thailand.
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