BYD opens its first EV assembly plant in Thailand

The Chinese automotive manufacturer BYD has recently launched the opening of its first vehicle assembly plant in the Southeast Asia region.

The plant, located in Rayong, Thailand, has a production capacity of approximately 150,000 units per year and will serve as the assembly location for its four key models, namely Dophin, Atto 3, Song, and Sealion.

Additionally, one of BYD’s subsidiaries is reported to be establishing a battery production plant at the same location.

 

 

Thailand has traditionally been a hub for assembly and regional car exports, long dominated by Japanese manufacturers such as Toyota, Honda, and Isuzu.

By 2030, the country aims to transition 30 percent of its annual production of 2.5 million vehicles to electric vehicles (EVs). As a result, BYD plans to make Thailand its manufacturing hub for exports to the ASEAN market and other countries.

In addition to Thailand, the EV company is also reportedly planning to open its second ASEAN assembly plant in Indonesia by 2026.