The Thai seat plant is the first overseas factory built jointly by BYD and Forvia, which together have set up seven plants in China.
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The Thai seat plant is the first overseas factory built jointly by BYD and Forvia, which together have set up seven plants in China.
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BYD said its partnership with Rever will expand from passenger cars to segments including commercial vehicles in the future.
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On July 4, the right-hand drive BYD Dolphin electric hatchback rolled off the production line in Thailand as the BYD’s 8 millionth NEV.
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BYD officially entered the Thai market in 2022 and now has a 41 percent share of the local NEV market.
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BYD just saw its 7 millionth NEV roll off the line on March 25.
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BYD received 5,345 orders at the Bangkok auto show, which ended on April 7, placing it in second place in terms of orders received at the event.
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BYD announced the plan at the ongoing Bangkok auto show, where its full range of brands including BYD, Yangwang, Fang Cheng Bao and Denza are participating.
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BYD reportedly started the trial manufacturing of the BYD Atto 3 (Yuan Plus) in Thailand. Its mass production is scheduled for April.
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Rever currently has about 100 dealership outlets, making BYD the dominant automaker in Thailand's EV market with a 40 percent share.
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The Dolphin was the top-selling all-electric vehicle in Thailand in November with 2,825 units sold, followed by the Atto 3 in 2nd place with 1,142 units sold, BYD said.
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