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Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs
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
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
Bangchan General Assembly Co., Ltd. (BGAC), Bangkok Plant[Thailand]
Bangchan General Assembly Co., Ltd. (BGAC), Bangkok Plant Neta V-II EV (2024-), X EV (2025-planning); Asia Cab: AS4 (2020-); Foton: Tunland Pickup (2016-2019), Tunland Pickup (2016-2019), Aumark4 (-2019), Foton Aumark6 (-2019), View CS2 (-2019), 10-wheel trucks (-2019); Tata: Xenon pickup (-2019) Bangkok plant of BGAC, Production of Tata's models and contract with Foton terminated in 2019, Production of Neta EVs started in 2024 -Started operation...
OEM Plants Updated at: 2025/03/27
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
OEM Plants - Thailand
OEM Plants - Thailand Manufacturers List Bangchan BMW BYD Changan Chery Mercedes-Benz Group Energy Absolute FOMM Ford Foton GAC Great Wall Hino Honda Horizon Plus/Foxconn Hyundai Isuzu Mazda Mitsubishi Nissan Neta SAIC/MG Sammitr Scania (TRATON) SUBARU Suzuki Tan Chong Tata Thai Rung Thonburi Toyota Volvo/UD Trucks VW Wuling Yontrakit ...
OEM Plants Updated at: 2025/03/04
OEM List
/ Great Wall / JAC / Fujian Motor / NIO / Xpeng / Li Auto / Xiaomi / Leapmotor / Hozon / Jiangling / Haima / CNHTC/SINOTRUK / Shaanxi / King Long / Yutong / Dayun / Qingling / Shineray Others Agrale / AIWAYS / Alexander Dennis / Alpina / Arrival / Astra / Atul / Aymesa / Bajaj / Bangchan / Baoya / BAZ / Beiben / Berjaya / BMC / Bollinger / Bollore / Bufori / Baoneng / Canoo / Changfeng / Changjiang / CIMC / Dennis Eagle / D...
OEM Plants Updated at: 2025/01/14
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
ASEAN (1) EV Promotion Policies; Increasing Entry of Chinese OEMs
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
China Emerging EV Automakers: Li Auto, NIO, Leapmotor, XPeng, Hozon Auto
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
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
Thailand: Chinese OEMs to build EV production facilities
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
Thailand International Motor Expo 2023 (1)
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
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
ASEAN (1): Accelerating shift to EVs, and market entry of Chinese OEMs
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
China Emerging EV Automakers: Developing Core Components and Promoting Production In-house
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
Bangkok International Motor Show 2023 (1): Colorful Experience
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
Thailand International Motor Expo 2022 (1): It's time…Come touch the future
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
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
Neta AYA/V-II
ising range (CLTC mode): 401km (249.2miles) Thailand Cruising range (NEDC mode): 382km (237.4miles) This is a subcompact electric crossover SUV and was displayed at the Beijing Motor Show 2020. Its base price is CNY 73,900. Its top speed is 100km/h (62mph). B (Small) Hozon, Tongxiang,Handal, Bekasi,Bangchan, Bangkok,Hozon, Yichun,Hozon, Nanning SUV Ultrasonic sensor (All standard 2),Monocular camera (Partially standard 2),Front Collision Warning ...
Electric / Autonomous Updated at: 2021/05/22
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