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 InformationJAKARTA, Indonesia: The death toll from the eruption of Indonesia's Marapi volcano surged to 22 as rescuers discovered additional climbers ...
DHAKA, Bangladesh - PM Sheikh Hasina is ranked 46th on Forbes' list of the World's 100 Most Powerful Women in ...
LAHORE, Pakistan - According to the Lahore police Organized Crime Unit (OCU), a gang of robbers has been arrested in ...
BUKITTINGGI, Indonesia: On December 2, Mount Marapi in West Sumatra province, Indonesia, erupted, sending hot ash clouds several miles (kilometers) ...
NAYPYITAW, Myanmar - Myanmar's junta chief has urged ethnic armed groups fighting the military across the country to find a ...
DHAKA, Bangladesh - Bangladesh's father of cardiology, Professor Brigadier (retd) Abdul Malik, who established the first cardiac unit in Bangladesh ...
VANDENBERG, California: South Korea successfully launched its inaugural military spy satellite, following North Korea's recent claim of deploying its own ...
JAKARTA, Indonesia: The death toll from the eruption of Indonesia's Marapi volcano surged to 22 as rescuers discovered additional climbers ...
In September, Tamir Pardo, who headed the Mossad, Israel's national intelligence agency, under Prime Minister Benjamin Netanyahu from 2011 to ...
HONOLULU, Hawaii: U.S. Navy officials say that it would cost some $1.5 million to salvage a P-8A jet plane that ...
NEW YORK, New York - In a rare move, United Nations Secretary-General Antonio Guterres has taken a dramatic constitutional step ...
BUKITTINGGI, Indonesia: On December 2, Mount Marapi in West Sumatra province, Indonesia, erupted, sending hot ash clouds several miles (kilometers) ...