In 2020, Thai authorities announced that they would endeavour to make Thailand a regional electric vehicle (EV) hub in just five years. True enough, by 2025, Chinese EV manufacturing companies had made the country a solid base. This was epitomised by BYD opening a 948,000 sq m plant in Rayong in July 2024, boasting an annual production capacity of 150,000 vehicles. Other Chinese brands – including Great Wall Motor, SAIC Motor, and Changan Automobile – have all found a home for manufacturing in Thailand’s Eastern Economic Corridor. (Source: Dialogue Earth)