With its advantages in automobile manufacturing and preferential tariff policies, Thailand is emerging as an important destination for China's new energy vehicle makers to begin exploring international markets.
With the increasingly clear momentum of industrial chain transfers to Southeast Asia, Chinese firms are also aiming at this emerging regional market that is home to nearly 700 million people, with Thailand as the first stop.
BYD and its Thai partner, Rêver Automotive, held a launch conference on October 10 for the long-range version of the Yuan Plus electric vehicle model, named the ATTO 3 in overseas markets.
Chinese automotive firm Great Wall Motor's HAVAL H6 PHEV model officially went on sale in Thailand on October 7, marking the first time the car has been launched in an overseas market since its domestic launch on September 28.
On September 8, BYD's Thailand division and local industrial developer WHA signed a purchase agreement for 96 hectares of land, which will be the site of its first wholly-owned overseas passenger car factory in Thailand.
On August 24, Chinese firm NETA Auto held a launch event for its NETA V Right Rudder Edition car model in Thailand. This marks the official entry of NETA Auto into the Thai market.
Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) recently signed a strategic cooperation memorandum with Thailand's Arun Plus to collaborate on battery-related businesses in the region
TikTok's e-commerce unit is about to make a big push into Southeast Asia. At present, TikTok Shop has entered into Thailand, Vietnam and Malaysia.
The Thailand branch of Chinese smartphone brand realme posted a preview to its Instagram accounts on Sunday, revealing that the realme C35, which bagged NBTC certification last month, will be unveiled on February 10.
Alibaba Cloud announced on Tuesday that it will further bolster its Asia-Pacific footprint and will set up two new cloud data centers in South Korea and Thailand.
Today, BEST Inc., cooperated with Cainiao, launched its full-chain, direct logistics service to ship parcels from China to Thailand, Vietnam and Cambodia.
JD Group and Central announced the launch of a new online retail platform to serve consumers in Thailand and Southeast Asia on November 2. The platform is branded JD Central and available online at JD.co.th. Richard Liu said Thailand’s resources and location will allow the platform to serve most of southeast Asia.