Author：MarwenDate：2023-10-19
On October 18, Changan Automobile released information that it had signed a contract with the Thailand Investment Promotion Board on the 17th, planning to invest 8.8 billion baht (approximately RMB 1.77 billion) to build a new energy vehicle production plant in Thailand. The first-phase construction capacity can reach 10 Thousands of vehicles.
At the signing ceremony, Changan Automobile and the Thailand Investment Promotion Board reached a cooperation intention, planning to invest 8.8 billion baht in Thailand to build a new energy vehicle production plant with a designed production capacity of up to 100,000 vehicles in the first phase. On the same day, the Secretary-General of the Investment Promotion Board of Thailand, Nali Tesathirasa, issued the Changan Automobile Thailand Production Base Project Investment Certificate to Zhu Huarong, Chairman of Changan Automobile.
It is reported that this year Changan Automobile released its globalization strategy "Inclusiveness" plan to accelerate overseas development. As of June 2023, the Changan brand has built more than 400 brand automobile sales and service outlets in more than 60 countries along the “Belt and Road”, including Saudi Arabia and Chile. In 2022, 90% of Changan Automobile's exports will come from countries co-building the "Belt and Road", with an output value of more than 12 billion yuan. In the first half of 2023, Changan Automobile ranked among the top three Chinese automobile export companies in terms of the number of complete vehicle exports.
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