Transformation and acceleration several auto companies stated that they would stop producing fuel vehicles
Following BYD and Long March, Hanma technology recently announced that it would stop producing fuel vehicles. At the same time, a number of overseas auto companies have recently expressed their position to join the "club" of discontinued fuel vehicles. Experts believe that the new energy automobile industry has broad prospects for development, and the electric transformation of automobile enterprises has become a trend, but the lack of infrastructure and other shortcomings need to be filled in.
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BYD Is Planning EV Production in Thailand by 2024
Thailand’s Ministry of Finance has now approved 26 electric car projects from 17 companies, which are expected to add up to a total production capacity of 830,000 electric vehicles. This is expected to increase to one million electric vehicles by early 2023.
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