Thailand has witnessed a significant expansion in electric vehicle (EV) production with the introduction of the Ora Good Cat EV, the first Chinese brand to be assembled in the country.
Significant Growth in Electric Vehicle Interest at Motor Expo 2023
RAYONG (NNT) – The development comes as part of the broader growth in Thailand”s EV sector, with the Board of Investment (BOI) approving 23 EV projects from 16 companies.
Six leading Chinese EV companies, ranked in the top 10 for revenues in China in 2022, have either entered or are planning to enter the Thai market. Ora Good Cat’s manufacturer, Great Wall Motor Co., Ltd. (GWM), has announced a substantial investment of 22.6 billion baht for EV production, components, and infrastructure development in Thailand.
Full story: National News Bureau of Thailand
National News Bureau of Thailand
+ There are no comments
Add yours