Chinese automaker BYD has inaugurated its first electric vehicle plant in Thailand, part of the company's effort to expand into Southeast Asia while also tackling wealthier markets in the U.S. and Europe.
Snag these new Insider Deals before they are goneFILE - The BYD Qin L Dmi is unveiled during Auto China 2024 in Beijing, April 25, 2024. Chinese automaker BYD inaugurated its first electric vehicle plant in Thailand on Thursday, July 4, part of the companys effort to expand into Southeast Asia while also tackling wealthier markets in the U.S. and Europe.
BYD says the new factory is expected to create 10,000 jobs. Apart from Thailand and China, BYD also has or is building factories in Brazil, Hungary and Uzbekistan. According to BYD, the Dolphin can run 490 kilometers on a single charge. During a recent auto show in Bangkok, models on display were priced at 859,999 baht , though reports said BYD would be offering steep discounts in Thailand on vehicles made in the new factory.
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