PR Newswire
13 Mar 2023, 11 GMT+10
BANGKOK, March 13, 2023 /PRNewswire/ -- A ground-breaking ceremony was held on March 10 for Neta Auto (Thailand) Co., Ltd. Electric Vehicle Manufacturing Plant, which will become a major manufacturing base of Neta Auto to produce and export right-hand-drive electric vehicles to ASEAN. The carmaker also signed a cooperation agreement with Thailand's Bangchan General Assembly Co., Ltd. (BGAC). under which both sides will jointly build a modern EV assembly base. They will also partner to enhance staff skill sustainability and create an EV ecosystem in Thailand. These two moves suggest Neta Auto has entered a new stage of rapid, sound development in the ASEAN and a milestone for its globalization development.
Situated in Khan Na Yao, Bangkok, the Plant is Neta Auto's first overseas factory, and also the first plant of China EV startups in Thailand. Consisting of three workshops for welding, painting and assembly, the facility will feature optimized plant design and innovative process technologies based on the concept of lean and intelligent manufacture, saving resources and increasing quality and efficiency. The plant may be put into production by late January 2024 as a model international factory intelligently making new-energy vehicles.
Zhang Yong, Co-founder and CEO of Neta Auto, and Vunchai, Chairman of BGAC, attended the event, witnessing Neta Auto's ushering in a new journey for globalization.
Mr Zhang said: "Significantly, the Thailand plant will be a major base for us to produce and export RHD EVs to the ASEAN. Since we will begin construction of several world-class intelligent EV manufacturing bases simultaneously, our capacity will be expanded, supporting our globalization development. We also plan to enter more countries in the Middle East, the European Union and other regions, making Neta Auto a brand recognized and trusted by global consumers."
Vunchai also shared his expectations on the partnership. "We make a critical step in sustainable transport through the collaboration. We also expect to bring people opportunities and accelerate development of the EV sector in Thailand, leveraging the partnership."
Neta Auto was among top 20 global new-energy passenger vehicle manufacturers by volume in 2022, ranking 1st among EV startups by annual sales volume. Neta V, the first model launched by the carmaker in Thailand, ranked second by registration among BEVs in Thailand. The ceremony showcases China's upgraded intelligent vehicle manufacture capabilities and Neta Auto's brand power.
Get a daily dose of Vietnam Tribune news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Vietnam Tribune.
More InformationPHNOM PENH, Cambodia: Two Cambodian opposition figures--- Yim Sinorn and Hun Kosal--- have been charged under the country's rarely used ...
© Provided by Xinhua JAKARTA, March 30 (Xinhua) -- Chinese and Indonesian businesspeople gathered on Wednesday in Jakarta to increase ...
© Provided by Xinhua BOAO, Hainan, March 30 (Xinhua) -- At a sideline event on Chinese modernization held on Wednesday ...
Kushinagar (Uttar Pradesh) [India], March 30 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday announced that the state government ...
Washington [US], March 30 (ANI): The United States has "strongly" condemned the Myanmar military's decision to abolish 40 political parties, ...
Lucknow (Uttar Pradesh) [India], March 30 (ANI): ISIS, Jaish-e-Mohammed, Al-Qaeda, ISI and other terrorist organizations have no presence in Uttar ...
MOSCOW, Russia: A new campaign has begun across Russia to attract badly needed recruits to replenish its troop numbers for ...
WASHINGTON D.C.: US House of Representatives Speaker Kevin McCarthy has said that lawmakers will move forward on legislation aimed at ...
CROWNPOINT, New Mexico: Navajo Technical University, located on the largest Native American reservation in the US, has become the first ...
WEST READING, Pennsylvania: An explosion occurred at a chocolate factory in Pennsylvania, killing seven people and seeing ten staff members ...
OTTAWA, Canada: US President Joe Biden and Canadian Prime Minister Justin Trudeau have announced a plan to close a loophole ...
UVLADE, Texas: Texas police stopped a Florida-bound freight train this week and discovered two migrants had died in a freight ...