32.9 C
Bangkok
Wednesday, May 15, 2024

BYD’s distributor in Thailand plans to expand its dealerships by threefold

The sole Thai distributor of BYD, the world’s biggest electric vehicle maker, plans to triple its dealerships in Thailand over the next two years.

  • BYD, the world’s top electric vehicle maker, is set to triple its dealerships in Thailand, solidifying its dominance in the country’s fast-growing EV market.
  • Thailand remains BYD’s largest overseas market, with plans to invest $504 million in a new factory and expand commercial vehicle offerings alongside passenger cars.
  • Rever Automotive, the Thai distributor of BYD, aims to capture a significant share of the commercial vehicle market in Thailand using BYD technology and models, while also expanding its range of passenger cars.

BYD has become the top EV maker globally, surpassing Tesla, and is now focusing on markets where Tesla is not a major vendor. In Thailand, BYD holds a 40% market share and is set to expand its commercial…

Read more…

Latest Articles