Pentinum Electronics Co has partnered with China's Luyuan Electric Vehicles Co for a 50-million-baht investment in the construction of an electric motorcycle factory in Thailand, which would allow the Chinese firm to keep growing its exports amid the impact of the US-China trade war.
The 2023 sales target for electric motorcycles under the Lyva brand has been set at 5,000 units, said Nitiwong Lahawattanakul, chairman of Pentinum Group, the parent company of Pentinum Electronics which runs a car and motorcycle business.
