BANGKOK -- Chinese electric vehicle champion BYD plans to mark the opening of its first factory in Southeast Asia on Thursday -- a $486 million facility in Thailand's Rayong province -- with hefty price cuts for local buyers.
Electric vehicles
BYD to open Thai factory as new EU tariffs on China EVs kick in
Local industry fears influx of Chinese imports barred from Europe
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BYD's Atto 3 is displayed during the Thailand Big Motor Sale 2023 in Bangkok. (Photo by Hiroki Endo)
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