JAKARTA - GAC Aion, an electric car manufacturer from China, started construction of its first foreign factory in Thailand. The factory, located in Rayong Industrial Park, Rayong Province, is scheduled to be completed in July 2024.
Quoted from the official GAC website, Thursday, February 1, this factory will be built in two stages, with the first stage will focus on the production of the Aion Y Plus right steering model. The second phase will focus on the production of new models that will be launched in the future.
The construction of this plant is part of the globalization strategy of GAC Aion which aims to accelerate growth in the ASEAN market. Later, the first vehicle model scheduled for production in Thailand is the right steering version of Aion Y Plus, which demonstrates the factory's important role in introducing more local models in the future.
As is known, in November 2023, GAC Aion debuted at the 40th Thailand International Motor Expo, featuring five vehicle models and EV technology. With the start of construction, this factory shows the company's commitment to the country.
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Thailand is not the only country in ASEAN to be targeted by Chinese automakers. Several other companies, such as Great Wall Motors, BYD, and Neta Automobile have also or plan to build production facilities in Thailand.
With more and more car manufacturers from China entering the ASEAN market, competition in the market is getting tighter. This will certainly benefit consumers, because they will have more choices of quality cars at competitive prices.
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