
SET-listed Nex Point, an electric vehicle (EV) assembler, is allocating 6 billion baht to develop its second production facility in Chachoengsao to serve increasing purchase orders from electric bus and truck operators.
Construction of the new facility, located on 500 rai of land near its first EV plant in Ban Pho district, is scheduled to start next year and its commercial operation is expected to begin in 2025, said Khanist Srivajiraprabha, chief executive of Nex Point.