Hozon Auto (Neta) reportedly planning to cut 400 jobs in Thailand Reported on December 26, 2024, Chinese EV manufacturer Hozon Auto is reportedly considering cutting 400 jobs in Thailand as part of its business restructuring plan. Its Thai subsidiary, Neta Auto Thailand, produce Neta EVs at the Bangchan General Assembly (BGAC) plant in Bangkok to produce Neta EVs. The 400 job cuts are said to include employees of both Neta Auto Thailand and BGAC...

News  Updated at: 2025/01/03

ised the Thai government for introducing measures to promote the use of electric vehicles, while confirming that NETA is ready to fully support those EV policies and are pleased to be a part of it.  NETA's EV production in Thailand is conducted under its partnership with Bangchan General Assembly (BGAC), marking NETA’s first BEV assembly plant outside of China. It is also the first electric car factory located in “Phra Nakhon Free Zone”, B...

News  Updated at: 2024/03/15

First Neta V-II BEV unit rolls off production line in Thailand on November 30 Announced on December 1, 2023, Neta Auto Thailand held the line-off celebration for the Neta V-II EV at its partner, Bangchan General Assembly (BGAC)’s plant on November 30. Neta Auto also confirmed its readiness to officially commence production of Neta V in Thailand for local distribution by Q1/2024. According to Neta Auto, the Neta brand has been welcomed by the c...

News  Updated at: 2023/12/07

’s first overseas factory, and contains three process workshops of welding, painting and final assembly, with an annual capacity of 20,000 vehicles upon completion. The factory is expected to be commissioned at the end of January 2024. Additionally, Neta Auto has signed a cooperation agreement with BGAC, a Thai company, to jointly invest in the construction of a modern electric vehicle assembly site and to strengthen personnel skills and enhanc...

News  Updated at: 2023/03/14

Neta's EVs to be made at BGAC plant in Bangkok, already joins Thai govt.’s EV incentive program On November 24, 2022, Neta Auto Thailand Co., Ltd. (NETA) and Bangchan General Assembly Co., Ltd. (BGAC) jointly inked an agreement to obtain the Thai Excise Department’s EV-related incentives. Both companies also expressed the readiness to assemble Neta’s electric cars at BGAC’s plant in Bang Chan Industrial Estate, Bangkok. Thanks to this MoU...

News  Updated at: 2022/11/30

Auman, Aumark and AUV bus in order to develop the SEAS market. Foton is also aiming for the top three places in the Thai market, currently held by Toyota, Isuzu and Honda. The new joint venture with CP means that Foton has ended its business relationship with Thailand Bangchan General Assembly Co (BGAC) and United Motors. (From an article of Bangkok Post on May 2, 2019)...

News  Updated at: 2019/05/02

Tata Motors Thailand Limited (TMTL) and serving the Thai market through a distribution model.It has undertaken a reassessment of its business model in Thailand to ensure it is sustainable over the long term. The production of Tata’s pickuptrucks takes place at Bangchan General Assembly Co., Ltd. (BGAC). The business as it stands today is sub-scale and not sustainable. It has hence decided to cease the current manufacturing operations in this fi...

News  Updated at: 2018/08/01

Tata signs assembly contract with BGAC in Thailand Tata Motors Thailand, a unit of the Indian carmaker, will set aside THB 500 million for its new assembly plant in Bangkok. The move came after its 10-year contract with Thonburi Automotive Assembly Plant Co expired at the end of last month. Tata vehicles, mainly pickup, will be assembled at Bangchan General Assembly Co (BGAC) in Bangkok. BGAC is a subsidiary of Phra Nakorn Automobile Co, which as...

News  Updated at: 2017/05/17

shed Foton Automobile (Thailand) Co with registered capital of 102 million baht and headquarters at On Nut Road to take control both of sales and vehicle production in Thailand.According to Mr Chao, the parent firm has recently signed a memorandum of understanding with Bangchan General Assembly Co (BGAC) to produce Foton's pickup trucks, PPVs and passenger cars to be sold domestically.BGAC is a subsidiary of Phra Nakorn Automobile Co, a Thai car ...

News  Updated at: 2016/10/27