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Hyundai Motor to invest $28M on EV production in Thailand

Teslarati

Hyundai Motor will invest $28 million in electric vehicle (EV) and battery production in Thailand. Hyundai’s entry in Thailand’s EV sector is a very positive development, confirming the attractiveness of Thailand as both a manufacturing base and an important market,” commented Narit Therdsteerasukidi, BOI’s Secretary General.

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Hyundai Thailand to produce IONIQ BEV series

Teslarati

Hyundai will produce its IONIQ BEV series and corresponding battery packs in Thailand. The South Korean automaker recently confirmed its $30 million investment in Thailand. Hyundai Motor Company plans to establish a battery electric vehicle (BEV) assembly plant in Thailand with its $30 million investment. incentive program.

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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Electrek

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales.

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CATL and Arun Plus partner up for cell-to-pack (CTP) cooperation in Thailand

Green Car Congress

Limited (CATL) and Arun Plus Company Limited (Arun Plus) recently reached an agreement on CTP (cell-to-pack) cooperation in Thailand to serve local EV manufacturers, enhancing the potential for Thailand to become the battery production hub of ASEAN. Contemporary Amperex Technology Co., In June 2022, CATL launched CTP 3.0

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BYD invests more in Thailand despite recent backlash

Teslarati

Chinese automaker BYD is investing more in Thailand despite receiving backpack over price cuts. Thailand is BYD’s largest market outside of China, and the automaker seems keen to maintain its status as an electric vehicle (EV) market leader in the country. Rever Automotive has more than 100 showrooms in Thailand.

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Electric HiLux incoming! New Toyota HiLux REVO heads for production in Thailand as Japanese giant beats Ford Ranger to BEV workhorse

EV Central

Hot on the heels of the Isuzu D-Max EV, Toyota has now announced it too is pushing its Toyota HiLux REVO BEV into production at its factory in Thailand – and the battery-electric ute could be heading to Australia. ” Last year Toyota sold an incredible 265,949 cars in Thailand alone, commanding an impressive 34.3

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Tesla is preparing to enter Thailand market with its EVs, batteries, and solar

Electrek

Tesla has filed to enter Thailand as its latest market expansion. Interestingly, it plans to sell not only its electric vehicles but also its batteries and solar products. The post Tesla is preparing to enter Thailand market with its EVs, batteries, and solar appeared first on Electrek.

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