Chery Thailand Factory: Boosting the Development of the Electric Vehicle Industry in Thailand
AshleyApr 28, 2024, 03:19 PM
According to Narit Therdsteerasukdi, Secretary-General of the Thai National Investment Committee, Chery is the eighth Chinese electric vehicle manufacturer to be approved, following BYD, MG, GWM, Changan, GAC Aion, NETA, and Foton.
Last year, Chery exported 1.8 million units, taking Thailand as a production base to meet Thailand's demand for right-hand drive electric vehicles, and exported vehicles to ASEAN countries, Australia and the Middle East. Narit added that Chery electric vehicles will be sold in Thailand under the names Omoda and Jaecoo, which are the company's sub-brands for foreign markets.
In the first phase, Chery will establish a factory in Rayong by the end of 2025 to produce pure electric vehicles (BEV) and hybrid electric vehicles (HEV) at a rate of 50,000 per year.
In the second phase, the production capacity will be increased to 80,000 per year by 2028.
Earlier this year Chery stated that it will set up regional production centers in Indonesia and Vietnam.
Currently, the market share of Chinese brands in the new car market in Thailand has reached 11%, a figure that has been growing steadily over the past few years. At the same time, the market share of Japanese car brands in Thailand has fallen from over 90% to 78%. As consumer demand for environment and technology increases, the market share of electric vehicles will gradually expand.
If any infringement occurs, please contact us for deletion
Trending News
BYD Sealion 7 is not only cheaper than Tesla Model Y, what other differences do they have?
Is it better to buy the BYD Sealion 7 or the Tesla Model Y? This really makes one a bit hesitant, but before you make a decision, I recommend you take a good look at this article.
2026 Toyota Hilux Travo released, the brand-new exterior and interior are highly anticipated
If you're considering buying a Hilux, honestly, the comprehensive innovations in the ninth generation are worth waiting for. While the current model might still have some advantages in terms of reliability and price, the new model offers significant changes in terms of exterior and interior luxury, tech features, and powertrain options.
Toyota Land Cruiser FJ did not disappoint, the most anticipated civilian off-road vehicle is back.
Since its birth in 1951 under the name Toyota BJ, the Land Cruiser series has accumulated sales of approximately 12.15 million units in over 190 countries and regions worldwide, becoming a global off-road icon spanning more than 70 years.
In Malaysia, which sliding door MPVs are available?
The numerous advantages of sliding door MPVs make many people fond of this type of vehicle. However, MPVs are not a mainstream choice in the car market, so many people might not know which MPVs are available domestically.
Should I choose the top-tier Toyota Corolla Cross, or the entry-level Fortuner?
Should we spend more money on a compact SUV, or add a bit more to buy a larger SUV? Although for many families, the 20,000 MYR price difference is not a small amount, considering that the number of family members may increase in the future, choosing a more practical and spacious car can save the trouble and cost of replacing a vehicle later on.
Popular Cars
Model Year
Car Compare
Car Photo