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Sunday, May 5, 2024

Chinese EV producer to set up Thai plant

Company seeks BoI privileges

Mr Jie says the company is in talks with potential Thai partners regarding a long-term joint venture in local EV car manufacturing.

Omoda & Jaecoo International Co, a subsidiary of China’s state-owned automobile manufacturer Chery International, plans to apply for Board of Investment (BoI) privileges to set up an electric vehicle (EV) production base in Thailand.

The company will disclose investment and business plans in a couple of months, said Qi Jie, Thailand national director at Omoda & Jaecoo International.

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