
WHA Group is targeting Chinese automaker BYD for industrial land sales as the company aims to operate a battery electric vehicle (BEV) assembly plant here in 2024, while hoping to establish an EV production base in Rayong.
The factory would be BYD's first EV production facility in Asean. The firm, which wants to use Thailand as a base to export cars to the region and Europe, sees bright prospects in this auto segment, though there is plenty of competition and concerns over an insufficient number of charging facilities.