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Neta Auto keen on ramping up investment in Thailand
Bangkok Post
|April 15, 2025
Undeterred by Washington's new auto tariff policy, Neta Auto Thailand, the Thai subsidiary of Neta Auto, a Chinese battery electric vehicle (BEV) maker, is planning to increase its investment here to support a plan to make Thailand an export hub in Southeast Asia.
The company is not concerned about the impact of US President Donald Trump's tariffs because its target markets are in Southeast Asia.
The 25% tariff on foreign-made automobiles exported to the US took effect on April 2, while auto parts exporters can expect to face new duties no later than May 3, according to media reports.
Neta Auto will continue to expand its business in Thailand, having collaborated with Bangchan General Assembly Co to commence the assembly of BEVs in March 2024 at a factory in the Bangchan Industrial Estate in Bangkok, said Sun Baolong, general manager of Neta Auto Thailand.
Dit verhaal komt uit de April 15, 2025-editie van Bangkok Post.
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