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WHA and BYD to Announce Plans for EV Plant in Thailand

WHA Group, a Thai industrial estate developer, has indicated that the company and BYD, a Chinese electric vehicle (EV) manufacturer, will soon announce plans for an EV manufacturing facility in Thailand.

WHA representatives said the two companies will hold a joint news conference on Thursday (8 Sep) to discuss plans for the EV plant at an industrial estate in Rayong province.

In August, Thailand’s Board of Investment (BOI) approved a group of investment pledges, including BYD’s US$491 million (17.9 billion baht) electric vehicle production project.

According to Chinese news outlet Jiemian, BYD plans to begin selling EVs in Thailand later this year, providing local consumers with a greater selection of vehicles to choose from.

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