Chinese automobile producer SAIC Motor has actually begun building of a brand-new energy commercial park in Thailand, which is anticipated to concentrate on localized production of essential vehicle parts for the business’s brand-new energy automobiles (NEVs).
According to the carmaker, the Stage I building of the park is approximated to be finished this year, while the total building of the park will be completed in 2025.
The brand-new energy park, situated in Chonburi province, will cover 120,000 square meters and boast basic workshops, a container lawn, and a logistics storage facility, in addition to total centers consisting of drain systems and a car park. A number of upstream NEV core and essential part business have actually revealed their intent to settle in the commercial park in the future.
As early as 2013, SAIC coordinated with Charoen Pokphand Group to discovered SAIC Motor-CP, a joint endeavor, in its quote to establish the large ASEAN market.
SAIC’s MG brand name, which went into the Thai market in 2013, has actually ended up being a progressively popular brand name amongst Thai clients. Since April, MG brand name’s overall sales in Thailand notched up more than 173,000 automobiles. In 2015 alone, SAIC Motor-CP made and offered about 32,000 entire automobiles– making it among SAIC’s significant abroad production and sales bases.
In 2022, SAIC saw its sales in abroad markets reach over 1 million automobiles, ranking top amongst Chinese carmakers for the seventh successive year and marking the business ending up being the very first domestic car manufacturer to accomplish this turning point. ( NNT)
