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Tuesday, May 7, 2024

Bangkok Post – Thai BYD dealerships to triple in two years

A couple view a BYD Dolphin EV at a showroom in Bangkok. (Photo: Reuters)

The sole Thai distributor of BYD, the world’s biggest electric vehicle maker, will triple its dealerships in the country in two years, it said, helping to cement the Chinese automaker’s dominant position in its top overseas market.

BYD overtook Tesla as the world’s top EV maker in the fourth quarter last year, and the expansion in Thailand underscores its global push — especially in markets where its US rival has yet to become a major vendor — as EV sales growth slows in its home market China.

Rever Automotive, the distributor that…

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