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Omoda & Jaecoo vows to expand Thai investment
Bangkok Post
|July 22, 2025
Chinese electric vehicle (EV) manufacturer Omoda & Jaecoo (Thailand) is planning to spend more money in a bid to stimulate sales of EVs amid the sluggish automotive market in Thailand.
The company, a subsidiary of China’s state-owned Chery Automobile, earlier announced a 5-billion-baht investment to build a battery EV (BEV) plant in Rayong, scheduled to start operations in the fourth quarter of this year.
"We have no plan to cut the investment budget. Instead we will increase the budget to support our marketing campaign to boost car sales," said Qi Jie, president of Omoda & Jaecoo.
Dit verhaal komt uit de July 22, 2025-editie van Bangkok Post.
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