GAC-Aion's Thai factory comes into operation with a production capacity of 70,000 vehicles/year, seizing the Southeast Asian electric vehicle market
AshleyJul 22, 2024, 10:40 AM
Chinese electric vehicle manufacturer GAC-Aion recently announced that its electric vehicle assembly plant in Rayong, Thailand, has officially started production. The factory's total investment is THB 2.3 billion, which marks an important step for GAC-Aion in its in-depth development of the Southeast Asian market.
GAC-Aion Southeast Asia General Manager Ma Haiyang said that the Thai government is vigorously promoting electric vehicles and has introduced a series of incentive measures that create favorable conditions for the development of the electric vehicle industry. According to the Thai government's plan, by 2030, Thailand's electric vehicle production will account for 30% of the total automobile manufacturing industry. GAC-Aion Thailand Factory's first phase of production capacity is planned to be 20,000 units/year, and will gradually increase to 70,000 units/year according to market demand. The factory will produce a variety of models under GAC-Aion's Aion series, including Aion Y Plus, Aion V Plus, etc.
The commencement of GAC-Aion's Thai factory is of great significance, it benefits GAC-Aion's expansion into the Thai and Southeast Asian markets. Thailand is one of the largest automotive markets in Southeast Asia with great potential for growth in electric vehicles. The start of GAC-Aion's Thai factory production will help the company quickly seize the Thai market and radiate to surrounding countries. GAC-Aion will take the Thai factory as the center to gradually improve its sales, service, and charging network in Southeast Asia, which provides local consumers with high-quality electric vehicle products and services. The company will also actively cooperate with local enterprises to jointly promote the development of the electric vehicle industry in Southeast Asia.
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