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Chinese electric car company BYD has expanded rapidly overseas, including announcements in recent months of plans to enter Thailand’s and Japan’s passenger car markets. Pictured here is a test drive of BYD’s electric Atto 3 SUV in Yokohama, Japan, in August 2022.
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BEIJING — Chinese electric car and battery giant BYD is planning to open its first wholly invested passenger car factory outside China — in Thailand.
BYD signed a contract Thursday to buy land and build a factory for new energy passenger cars in an industrial park run by local giant WHA Group, according to press releases. The companies did not disclose an investment amount. New energy…
Source cnbc.com
