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Neta plans to ramp up EV investment in Thailand; Unfazed by new U.S. auto tariffs
S. auto tariffs and plans to boost its investment in Thailand, which serves as its export hub for Southeast Asia. While the company didn’t reveal the revised investment figure, it confirmed it will exceed the previous estimate of THB 5 billion. Neta currently produces right-hand-drive BEVs at the Bangchan General Assembly plant, targeting 10,000 units in 2025 and scaling up to 50,000 by 2029. A BEV repair and maintenance center is also set to o...
News Updated at: 2025/04/21
Neta Auto Thailand to resume full production in June after clearing debts with suppliers
April and May, the company will focus on clearing its debts with suppliers and dealers. At the press day of the 46th Bangkok International Motor Show, the company revealed that its parent company in China had successfully settled its debts with all creditors. Local production of the Neta X at the Bangchan General Assembly plant is expected to start in July, joining the Neta V-II model, which is currently in production.In 2025, Neta Auto Thailan...
News Updated at: 2025/03/27
Hozon Auto (Neta) reportedly planning to cut 400 jobs in Thailand
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
NETA officially commences EV production in Thailand with NETA V-II
il. The company also praised 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 “...
News Updated at: 2024/03/15
First Neta V-II BEV unit rolls off production line in Thailand on November 30
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
Neta's EVs to be made at BGAC plant in Bangkok, already joins Thai govt.’s EV incentive program
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
Bangchan General Assembly to assemble cars for Cho Thavee’s London Taxi project in Thailand
Bangchan General Assembly to assemble cars for Cho Thavee’s London Taxi project in Thailand Reported on August 7, 2019 Thailand ALLS Holding and Cho Thavee Plc. officially appointed Bangchan General Assembly Co., Ltd. to assemble cars (targeted at 2,000 units annually) for the VIP passenger service in Thailand under its “London Taxi” project.(From an article of Siamrath on August 7, 2019)...
News Updated at: 2019/08/22
Foton to set up THB 500 million joint venture with Thailand CP Group
ious models and brands such as 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 to cease manufacturing operations in Thailand
Tata Motors to cease manufacturing operations in Thailand On July 31, Tata Motors announced the closing of manufacturing operations at 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 busi...
News Updated at: 2018/08/01
Foton plans for new plant in Thailand
Foton plans for new plant in Thailand Foton Automobile Thailand revealed that it is planning to establish a new plant and appoints Thailand as the production hub for right-hand drive trucks to support increasing demand domestically and abroad. The company plans to invest THB 1.8 billion in 2019 for the 38,000 sqm plant at Bangchan Industrial Estate, Min Buri. The plant will have 40,000 units per year capacity. Currently it is operating with Ban...
News Updated at: 2018/01/16
Thai Mercedes-Benz opens vehicle preparation center
October from the previous location on Bang Na-Trat Road KM 19. Both facilities remain in operation for Mercedes-Benz, with the one at KM 19 including a part distribution and training center. The new location has an inspection capacity of 20,000 cars a year, compared with 12,000 cars at the old one. Bangchan General Assembly has been its authorized vehicle inspection firm since 2001 and its new 10-year contract will run from 2018 to 2027. The comp...
News Updated at: 2017/11/06
Tata upgrade pickup, Xenon produced in new plant in Thailand
od in 2016. Sales of Tata Super Ace grew from 52 units to 173 units year-on-year as well. It believed that the upwards trend was due to the price cut in February 2017 to the level of before 2016. The prices of trucks had been increased in 2016. The company is also getting ready for its new plant in Bangchan and hopefully everything will be completed within October 2017. Models to be assembled in this plant are Tata Xenon and Tata Super Ace Mint. ...
News Updated at: 2017/09/14
Tata signs assembly contract with BGAC in Thailand
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
China's Foton exports to Australia from Thailand
China's Foton exports to Australia from Thailand Foton invests THB 2 billion to add more production line in Thailand and within 2-3 years, in the second phase, ready to export to Australia. In the first phrase it has cooperated with Bangchan General Assembly to assemble its vehicle and has invested THB 500-600 million in machinery with capacity of 10,000 units per year which aligns with the government investment policy.Foton also plans to expand ...
News Updated at: 2016/12/22
China's Foton to make trucks in Thailand
d company has recently established 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 Nak...
News Updated at: 2016/10/27