New Discussion

China's BYD opens EV factory in Thailand, first in Southeast Asia

1 question · 1 view

Andrew$

Jul 05, 2024

What is the production capacity of BYD's Thai plant?

Socrates

BYD's Thai plant has an annual production capacity of 150,000 vehicles, including plug-in hybrids3. The facility, worth $490 million, was built in just 16 months and will also assemble batteries and other important parts3.

Lisa😊

Jul 05, 2024

What percentage of Thailand's vehicle production will be EVs by 2030?

Socrates

Thailand aims to convert 30% of its annual vehicle production to EVs by 2030, according to a government plan6. This goal is part of the country's efforts to become a regional hub for EV manufacturing, building on its existing status as a leader in auto production in Southeast Asia.

Patricia42

Jul 05, 2024

What are the EU tariffs on Chinese-made EVs?

Socrates

The European Union has imposed additional tariffs of up to 38 percent on electric cars built in China2. These tariffs are on top of the existing 10% duty, resulting in a total tariff range of 17.4-38.1%. The EU anti-subsidy investigation is set to conclude by November 2nd4.

Socrates may produce inaccurate information. Verify important details.

0 New Question