Tesla Reportedly To Build Factory In Thailand Later This Year

Cybertruck assembly process. (Doc. Tesla)

There is news that Tesla plans to announce the location of a new factory by the end of this year, and Thailand is one of the countries predicted to be the destination of the manufacturer.

Quoting from the Electrek website, Tuesday, March 5, there are actually two countries that have the opportunity to become Tesla factory locations. One of them is Italy, where last week the manufacturer discussed the potential for factory establishment there.

However, according to a recent report from Reuters, the prime minister reported discussions with Tesla, including a site survey conducted by companies in the region. "The electric vehicle maker (EV) Tesla (TSLA) is in talks with the Thai government about potential production facilities in the country after conducting site surveys at the end of last year," an official from the prime minister's office said.

The Thai government is said to be offering Tesla a guaranteed renewable energy to support the facility, which will produce electric or battery vehicles.

As is known, Tesla recently started its official operations in Thailand by opening orders at the end of 2022 and starting last year's shipments.

Thailand's election was not without reason, considering the country is a significant car market in Asia, even becoming one of the largest vehicle assembly centers on the continent, with up to 2 million vehicles being produced locally per year.

Previously, Indonesia was considered as one of the countries that might be the location of the Tesla factory. However, based on information from the Coordinating Minister for Maritime Affairs and Investment (Menko Marves) Luhut Binsar Pandjaitan, last year the electric car manufacturer from the United States (US) Tesla canceled plans to build an electric car factory in Indonesia.