Recently, Changan Automobile revealed that its first overseas base, the "Thailand New Energy Base," is progressing smoothly according to the construction schedule and is expected to officially begin production in the first quarter of next year. This initiative is part of Changan's "Hai Na Bai Chuan" plan, aimed at accelerating the global development of new energy vehicles through overseas base expansion.
Meanwhile, on September 3, Changan announced the official registration of its German subsidiary in Munich. In addition to sales, marketing, and services, the German subsidiary will focus on customer insights, market research, technical regulations, certification, and product localization.
According to previous reports, on July 26 of this year, the Thailand Electric Vehicle Policy Committee (EV Board) approved a temporary reduction in the consumption tax rate for hybrid electric vehicles (HEVs), provided manufacturers make new investments in the technology based on the latest technical standards and strict carbon dioxide emission requirements. This new measure is expected to bring in new investments totaling 50 billion baht (approximately 10.475 billion yuan). Due to the government's promotion of the electric vehicle sector in Thailand, total investments so far have exceeded 80 billion baht (approximately 16.76 billion yuan), covering the production of battery electric vehicles (BEVs), batteries, key components, and charging stations.
In the context of Western countries imposing additional tariffs on Chinese new energy vehicle companies, Thailand, as a country in Southeast Asia with an established automotive industry and market potential, has naturally become a new choice for Chinese brands to expand abroad. Since the beginning of this year, several Chinese automakers, including Great Wall Motors, Neta Auto, Chery Automobile, GAC Aion, and BYD, have either built or planned to build factories in Thailand. Chinese car manufacturers are actively expanding into overseas markets, particularly in the field of new energy vehicles. The construction and production of these bases are expected to further accelerate the internationalization of China's new energy vehicle industry.
