Chinese carmaker Changan breaks ground for 1st plant in Thailand

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RAYONG, Thailand, Nov. 8 (Xinhua) -- China's leading automaker Changan held a groundbreaking ceremony on Wednesday for its first car plant in Thailand, marking a major step to expand its footprint in Southeast Asia.

 

The new manufacturing facility, spanning approximately 600 acres, is located in the Eastern Economic Corridor Special Zone in coastal Rayong province and will include painting, assembly, engine assembly, and battery assembly units as well as essential supporting facilities.

 

With the first phase set to commence in early 2025, the initial design anticipates the production of up to 100,000 vehicles per year.

 

Furthermore, Changan's total investment is projected to reach up to 20 billion Thai baht (about 563 million U.S. dollars) by the second phase, and the total capacity will reach 200,000 units per year which will cover the entire ASEAN (Association of Southeast Asian Nations) market as well as the global right-hand drive market.

 

Source: Xinhua|Editor: huaxia
TOP: Participants attend a groundbreaking ceremony for Chinese automaker Changan's first car plant in Thailand in Rayong, Thailand, Nov. 8, 2023. (Xinhua/Wang Teng)

 

Full story: XINHUA 2023-11-09

 

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[JoePai]

China's leading automaker Changan

 

Err false, what about (example) BYD and SAIC ?

[Eff1n2ret]

1 hour ago, JoePai said:

China's leading automaker Changan

 

Err false, what about (example) BYD and SAIC ?

That's what you get from unedited press releases. According to Wikipedia "Founded in 1862, it is China's oldest automobile maker.^[4][5] It is currently the smallest of the "Big Four" state-owned car manufacturers of China..."

I wonder what the 1862 model looked like.

[hotchilli]

Thailand may well think it's great now.

Wait until China own yours economy.

[Srikcir]

1 hour ago, hotchilli said:

Thailand may well think it's great now.

Wait until China own yours economy.

Chinese brands accounted for over 70% of Thailand's EV sales.  Nov. 9, 2023    https://English.news.cn

 

Changan Ford Motor will own a 60% stake with Chongqing Changan Automobile owning 40%.

Aug. 11, 2023  https://www.autonews.com

But Changan Ford Motor is 50-50 owned between Ford Motor Co. and Changan Automobile.

Will we see a Mustang Mach-E, a F-150 Lightning in Thailand?

 

However, ominous horizons: Sales of Ford with Changan fell 12.6% in the first half from the year-ago period. 

There's an EV price war in China now. 

Aug. 12, 2023  https://www.reuters.com

[VocalNeal]

6 hours ago, Eff1n2ret said:

I wonder what the 1862 model looked like.

 

Prolly electric