Home Science & Technology BYD announces new electric vehicle factory in Thailand

BYD announces new electric vehicle factory in Thailand

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BYD announced this week that it plans to build a plant in Thailand to produce electric vehicles for the Southeast Asian market. BYD will partner with WHA Group, Thailand’s largest industrial developer, to build a half-billion-dollar plant on 96 hectares (237 acres) of land in the eastern province of Rayong, according to a report Reuters. The company expects to build 150,000 electric passenger cars at the new Thai plant starting in 2024. Plans for the new plant were approved by the Board of Investment of Thailand last month.

Thailand is the second largest economy in Southeast Asia and a regional automobile production and export base for many automakers, including Toyota and Honda. The government has recently started offering tax breaks and subsidies to attract electric vehicle manufacturers and stimulate demand.

BYD has more than 30 factories around the world, including the United States, Japan, Canada, Brazil, Hungary and India, but they mainly focus on the production of trucks and buses. The new plant will be the first to produce passenger cars outside of China.

At a press briefing this week, Liu Xuelian, general manager of BYD’s Asia-Pacific sales, said the Thai factory will begin production That’s 3 battery electric SUV. The company is also considering manufacturing batteries and other auto parts in Thailand, should demand demand. The Thai government wants electric vehicle production to reach around 700,000 by 2030, or 30% of total vehicle production. Reuters.

BYD says Atto 3 is the first SUV built on the BYD 3.0 electronic platform, specially designed for high-performance electric vehicles with four essential advantages: intelligence, efficiency, safety and aesthetics. The platform improves EV safety and battery performance, and optimizes the driving experience. It creates a new generation of smart electric cars, more efficient and safer. The Atto 3 uses BYD’s Blade battery technology and is already sold in Thailand, Indonesia, Vietnam, Cambodia and India. There are plans to export it to Europe.

Australian market BYD Eyes

BYD Atto 3, image courtesy of BYD.

Reuters says BYD intends to sell 10,000 passenger cars produced at the new plant to customers in Thailand and export the rest to other markets, primarily Southeast Asia. At a press conference this week, Liu Xuelian said that That’s 3 can be specially configured for the Australian market. One of the most popular cars in Australia, the Ford Ranger, is made in Thailand.

Driven in reports that deliveries of the Atto 3 have already begun in many parts of Australia. The first vehicles were delivered to customers in Queensland this week. At the BYD Experience Center in South Australia, customers can see the Atto 3 up close in person. Deliveries are expected to begin soon in that state and in neighboring Victoria.

CleanTechnica Company David Waterworth says it’s worth ordering the Atto 3 in Australia as easy as ordering takeout. Everything is done seamlessly online and currently the delivery wait time is around 3 months. BYD distributes 1,500 cars a month to customers in Australia, but with Anthony Albanese’s new government taking a much more favorable approach to the electric car revolution than former prime minister Scott Morrison, orders for electric cars Down Under could see a sharp increase in the coming months .

The Atto 3 is priced between AU$44,990 and AU$47,990 (US$32,350 and US$34,500), making it much more affordable than any model currently available from Tesla. Elon, please consider.


 

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