By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Chinese Automaker Chery Revs Up for Thai EV Invasion
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
Mobility

Chinese Automaker Chery Revs Up for Thai EV Invasion

Nicole Kristine Jovero
Last updated: April 26, 2024 12:21 am
Nicole Kristine Jovero
Share
2 Min Read
SHARE
  • Chinese automaker Chery targets 50,000 EV production annually in Thailand by 2025.
  • Joins industry giants tapping Thailand’s EV ambitions.
  • Country aims for one-third vehicle production electrified by 2030.

Contents
50,000 EVs and counting!Thai authorities fuel EV ambitions

50,000 EVs and counting!

Chery Automobile, the trailblazing Chinese automaker, is gearing up to conquer the Thai automotive market with an ambitious manufacturing plant.

By 2025, this state-of-the-art facility aims to roll out a staggering 50,000 hybrid and electric vehicles (EVs) annually.

Chery’s entry into Thailand marks a significant milestone, as it becomes the eighth Chinese car company to invest in manufacturing within the Southeast Asian kingdom.

Joining the ranks of industry titans like BYD, Great Wall Motor, and Changan Automobile, Chery is poised to shake up Thailand’s traditionally Japanese-dominated auto industry.

Thai authorities fuel EV ambitions

Recognizing Thailand’s strategic position as an auto assembly and export powerhouse, the nation’s authorities are pulling out all the stops.

Their audacious goal? To ensure one-third of Thailand’s annual vehicle production – a staggering 2.5 million units – becomes electrified by 2030, backed by enticing subsidy and incentive policies.

But Chery isn’t the only player eyeing the Thai market’s EV potential.

Vietnam’s VinFast has already announced its partnership with 15 local dealerships, signaling an imminent surge of EV investments from global automakers keen to establish a foothold in this lucrative region.

To read the original article: https://www.techinasia.com/chery-sets-output-50k-hybrid-electric-cars-upcoming-thai-plant

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article TikTok Unveils ‘Notes,’ Its Photo-Sharing Contender
Next Article Malaysia Unleashes Mega Bucks for Startup Supremacy

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

Health-Tech

Nano-sized Robots Take on Dental Care: Theranautilus Raises $1.2M

November 23, 2024
AIStartups

Voice Cloning Startup Lands $80M, Reaching Unicorn Status

February 12, 2024
Logistics

Xpressbees Zooms Ahead with $80M Thirst Trap

February 12, 2024
Startups

LinkedIn’s Top 10 Singapore Startups: 2024 Edition

October 2, 2024
VC

VC Industry Faces Reality Check: Layoffs, Frustrations, and Exodus

August 19, 2024
AI

Singapore Commits $52M to Southeast Asia’s First Regional AI Model

February 17, 2024
CultureFAANG

Amazon Poised for Ad Windfall With Prime Video Commercials

February 12, 2024
MediaSocial Media

Biden Bows Out on X, Musk’s Digital Town Square Dream Revived

July 26, 2024
Fintech

Jio Financial and BlackRock Join Forces to Tap India’s Wealth Management Market

April 23, 2024
AgTech

Malaysia’s Cradle investigates official over alleged sexual harassment

February 12, 2024
CreatorsStrategy

39-Year-Old Anthony Vicino Offers Cheat Codes For Life

March 1, 2024
Crypto & Web3Fintech

Grab to Discontinue GrabPay Card Services by June 2024

April 4, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?