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More China EV makers seen eying Thailand as production base

FILE PHOTO: The Chongqing Changan Automobiles logo is pictured at its booth during the Auto China 2016 auto show in Beijing, China, April 25, 2016. (Reuters)

More major Chinese electric vehicle (EV) makers are eyeing Thailand as a manufacturing and distribution base to neighbouring economies, according to the Thai-Chinese Chamber of Commerce.

Prospects are backed by recent investment incentives in the kingdom for Chinese automakers, and investments are pouring in, the chamber’s Chairman Narongsak Putthapornmongkol said Sunday.

China’s Hozon New Energy Automobile Co will start production in Thailand to sell to Southeast Asia in 2024, becoming the latest EV maker to begin building a supply chain in the region’s top…

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