On December 1st, Mr. Chai Watcharong, the Government spokesman, publicly revealed that Mr. Srettha Thavisin, the Thai Prime Minister, has confidence in Thailand’s potential and supports Thailand as a regional EV (Electric Vehicle) manufacturing center.
The government spokesman publicly stated that the Thai Prime Minister has worked with relevant agencies to foster and facilitate global private companies, especially entrepreneurs producing electric vehicles.
Recently, GAC AION, a sub-branch company of the Guangzhou Automobile Group, has established an electric vehicle manufacturing factory in the Eastern Economic Corridor (EEC), Rayong, with an investment of 2.3 billion baht. The EV manufacturing base focuses on markets in the ASEAN region.
The construction project of the GAC AION manufacturing base has two phases and it is estimated that the first phase will be completed by July 2024. The base production rate will reportedly be able to process more than 50,000 electric vehicles annually.
The Thai Prime Minister acknowledges that Thailand is ready to seek opportunities in the EV industry to produce better electric vehicles and create new technology. Confidently, Srettha believes that even more large private companies will be interested in investing in Thailand in the EV industry and help expand the economy and provide more income to Thai locals, said Chai.