Chinese EV maker GAC AION opens factory in Thailand - News Summed Up

Chinese EV maker GAC AION opens factory in Thailand


(GAC Aion Thailand)BANGKOK - China's electric vehicle (EV) maker GAC Aion, a subsidiary of GAC Group, on Wednesday opened its first factory in Thailand, a key regional auto export and assembly hub and fast-growing EV market. "We are using a strategy to produce quickly in a small amount using AI (artificial intelligence) ... to reduce waste and minimise cost," Ma Haiyang, Managing Director GAC Aion Southeast Asia said. GAC Aion New Energy Automobile logo is seen in this illustration taken on Jan 16, 2024. (Photo: Reuters)The new factory comes days after rival Chinese EV maker BYD Motor opened a factory in Thailand, it is first in Southeast Asia. Honda Motor, Japan's second-largest auto maker, last week said it would consolidate its two factories in Thailand into a single facility.


Source: Bangkok Post July 17, 2024 18:46 UTC



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