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Bangkok Post
Bangkok Post
Business

Changan to invest B9.8bn in EV factory

BoI Thailand Narit Therdsteerasukdi electric vehicle GAC Aion
Hui Wang, vice-president of Changan Automobile, fourth from left, is pictured with Mr Narit, second from right, along with Chinese and Thai executives during the BoI's trip to China to promote investment in Thailand.

Chinese carmaker Changan Automobile looks set to become the latest electric vehicle (EV) investor in Thailand after announcing a 9.8-billion-baht investment to develop a range of models here.

The Chongqing-based firm plans to make electric vehicles in three categories -- battery EV, plug-in hybrid EV, and range extended EV, also known as REEV -- as well as batteries for domestic sale and export, said Narit Therdsteerasukdi, secretary-general of the Board of Investment (BoI).

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