In recent years, the new energy vehicle market in the global market continues to expand, sales hit a new high, new energy is also the mainstream trend of the future automotive industry, BYD exports are accelerating the layout of the global market, the recent first batch of 500 BYD Qin PLUS DM-i and Song PLUS DM-i new energy vehicles exported to Colombia, today there is news that BYD will layout the Thai market. As we all know, Thailand has always been the world of Japanese cars, and bydir's layout of the Thai market, in addition to the frontal straight Japanese cars, will also have a significant impact on the layout of global right-hand drive new energy vehicles.
The development of Thailand's automobile industry began in the 1960s, and is now the southeast Asian automobile manufacturing center and the largest automobile market in ASEAN, there is news: BYD will join hands with Thailand's Siam Automobile Group, the two sides will jointly create a new platform for mutually beneficial and win-win cooperation in thailand's new energy industry, Siam Automobile Group is a large automobile group that rose locally in Thailand after the end of World War II, first starting with trade, getting nissan automobile agency rights in Thailand, and then establishing Nissan assembly plant in Thailand, and then forming Siam Automobile Group. It is the leading local automobile group in Thailand, and it can be described as a strong back.
It is reported that the total investment of Siam Motor Group is 20 billion baht, of which 17.3 billion baht will be invested in the factory jointly owned by BYD, the new factory Siam Automobile Group will hold 85% of the shares, the rest will be used to establish the BYD brand in Thailand sales channels and after-sales network, with the participation of Siam Automobile Group and BYD's technical support, it can be said that there is not much time left for Japanese cars in Thailand, and this cooperation is also BYD's first passenger car factory in the overseas layout.
The project will be launched in June this year, the first batch of planned production of new cars will be BYD Dolphin, BYD this move will be BYD to the world, active layout of overseas markets have a significant impact, there is a Thai market as a fulcrum, in addition to being able to radiate the Southeast Asian market, will also affect the overseas market with right-hand drive driving habits, the new car in addition to meeting the local market in Thailand, will also be exported to Australia and Malaysia for including the British right-hand drive car market.
IT is said that BYD will sign a memorandum of understanding with the Thai government, which will subsidize the popularization of new energy electric vehicles. In Thailand, SALES OFD's electric cars will receive a subsidy of 150,000 baht (about $6,000).