BYD accelerates in Thailand as fuel costs drive EV demand

Having cars in stock gives Chinese advantage over Japanese rivals

20221201 BYD

Thai motorists scooped up more than 2,500 BYD Atto 3 cars on the day it began taking orders. The Chinese automaker promised 5,000 cars in Thailand by year’s end. (Photo by Francesca Regalado)

FRANCESCA REGALADO, Nikkei staff writer

BANGKOK -- Thai motorists are eyeing electric vehicles at the country's annual motor expo that opened in Bangkok on Thursday, as they look for relief from high fuel prices. But with only a few brands ready to deliver EVs by year's end, Chinese automaker BYD has an early advantage.

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