ans to produce six EV models at its Chonburi Plant in 2024-2027, including the Binguo EV. The annual production capacity is 10,000 units. The local procurement rate for parts is 50% as of 2025, with plans to raise it to 60-70% by 2026. Neta Auto Neta Auto will resume full production of EVs at the Bangchan General Assembly Plant in Bangkok in June 2025. In addition to the Neta V-II subcompact electric SUV, production of the Neta X compact electr...

Market & Tech Reports  Updated at: 2025/05/12

ng Plant (2024-) West Java Plant (2024-) BYD Rayong Plant (2024-) West Java Plant (2026-) Great Wall Motor Rayong Plant Inchcape/Indomobil plant EP Manufacturing Plant Chery Rayong Plant (2025-) Bimantara Group plant Shah Alam Plant (2024-) Joint venture plant with Geleximco Group NETA Bangchan General Assembly Plant (2024) Bimantara Group plant (2024-) BAIC EP Manufacturing Plant Hyundai Motor Group Cikarang Plant Inokom p...

Market & Tech Reports  Updated at: 2024/09/04

Indonesia in May 2024. The third facility will be located in Malaysia and is scheduled to start CKD production in the first quarter of 2025. Thailand At the end of November 2023, a ceremony marking the first Neta V-II to roll off the assembly line was held at the plant of Hozon Auto’s partner Bangchan General Assembly Limited. Mass production will begin at the KD plant in Thailand in March 2024 (with a planned annual production capacity of ...

Market & Tech Reports  Updated at: 2024/04/24

ger EVs not only for Thailand but also other ASEAN countries and Europe. Neta Auto In November 2023, Neta Auto announced that the first model of the NETA V compact EV rolled off the production line at its Thai plant in Khan Na Yao District, Bangkok. This plant had been built in collaboration with Bangchan General Assembly Co., Ltd. (BGAC), a Thai company, and will start mass production in the first quarter of 2024 with an annual capacity of 20,...

Market & Tech Reports  Updated at: 2024/03/05

reaffirmed its mission to become the “Popularizer of Smart EV” by presenting its 100% electric vehicles at the show, led by NETA V, NETA GT Speedster, NETA GT, and NETA X.   Neta Auto Thailand also revealed that it has already 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 begin production of Neta V in Thailand f...

Market & Tech Reports  Updated at: 2023/12/27

its Thailand plant on March 10, 2023. The new plant will be a manufacturing site for right-hand-drive EVs, which will also be exported to Southeast Asia. Located in Bangkok's Khan Na Yao district, the plant will have an annual production capacity of 20,000 units. Neta Auto signed an agreement with Bangchan General Assembly Co., Ltd. (BGAC), a vehicle assembly manufacturer in Thailand, to jointly build an EV assembly facility. They will jointly d...

Market & Tech Reports  Updated at: 2023/08/16

lant was held in Bangkok on March 10, 2023. The plant will be equipped for welding, painting, and assembly processes, with an annual production capacity of 20,000 units, and will begin production at the end of January 2024. The EV assembly plant will be jointly invested and constructed by Hozon and Bangchan General Assembly Co., Ltd. In September 2022, the company agreed to a comprehensive strategic alliance with PTT Public Company Limited, a m...

Market & Tech Reports  Updated at: 2023/04/13

nd Mini Commercial EV, at its booth this year.   Neta's press stage   Two achievements of Neta's operations in Thailand were announced in March 2023 alone, starting with the foundation stone laying ceremony of its first overseas plant in Khan Na Yao District, Bangkok, in partnership with Bangchan General Assembly Co., Ltd. (BGAC). The plant is expected to be commissioned at the end of January 2024. The carmaker also announced on March ...

Market & Tech Reports  Updated at: 2023/04/10

NETA's press stage   NETA, a Chinese auto brand of Hozon New Energy Automobile Co., Ltd., displayed its 3 electric cars at the booth.   Neta Auto Thailand presented its recently launched Neta V electric SUV at the show, while revealing that the local production of this BEV will be conducted at Bangchan General Assembly Co., Ltd. (BGAC) plant in Bangkok and that the brand has already joined the Thai Excise Department's EV-related incentives. ...

Market & Tech Reports  Updated at: 2022/12/21

ize of demand. Tan Chong forecasts that sales of the Subaru vehicles will be 5,000 units in 2019, twice as many as the previous year’s level. Tata to end production in Thailand   In July 2018, Tata revealed its plans to end production of vehicles in Thailand. Currently, the company commissions Bangchan General Assembly to produce pickup trucks, but will terminate production by the end of March 2019 as it presumes its Thai business is not via...

Market & Tech Reports  Updated at: 2019/03/13

,000 vehicles. Thailand(Construction of a new plant) ・According to reports, in addition to the KD plant in Bangkok that manufactures pickup trucks and light trucks, Foton is also planning to construct a new Foton plant. In 2019, Foton will invest THB 1.8 billion to construct the plant at the Bangchan Industrial Estate in Min Buri, Bangkok. The plant will have a site area of 38,000 square meters and an annual production capacity of 40,000 v...

Market & Tech Reports  Updated at: 2018/10/09

MG GS SUV. MG GS (Bangkok international motor show 2018) MG3 (Bangkok international motor show 2018)   Tata starts production at new assembler Tata terminated the assembly contract with Thonburi Automotive Assembly Plant Co at the end of April 2017, and signed a new contract with Bangchan General Assembly Co., Ltd. (BGAC) in Bangkok. According to the news report in May, Tata invested THB 500 million to build a new plant. Produc...

Market & Tech Reports  Updated at: 2018/04/16

trucks Beiqi Foton Motor, a CV manufacturer and subsidiary of the BAIC Group, launched the Aumark brand light-duty truck in Thailand in September 2016. The number of dealers was raised to 25 at the end of 2016 and will be expanded to 60 by the end of 2017. Production of the trucks is contracted to Bangchan General Assembly Co (BGAC), a local production company. Release of Tunland pickup In December 2016, Beiqi Foton Motor launched the new Tunl...

Market & Tech Reports  Updated at: 2017/01/30