China's BYD opens electric vehicle factory in Thailand
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- čas přidán 3. 07. 2024
- Chinese automaker BYD has opened its first electric vehicle plant in Thailand, as part of the company’s push to expand its reach into Southeast Asian markets. The US$490 million plant has a capacity to build 150,000 vehicles a year, with key components such as batteries to be assembled locally. May Wong tells us more.
10,000 jobs for Thais, wow, this is wonderful. There is much to cheer as Thailand and BYD set out to conquer the car market in South East Asia and beyond.
That depends on buyers
Meanwhile Great Wall Motors😂😂pulling out of EU. No sales, because junk.
@@user-le2en3wj2w Because GWM's factory is in Russia
@@user-le2en3wj2w You stick with your overpriced European industrial junks. Nobody cares.
10,000 jobs for Thais or Chinese Mainland???
All of ASEAN will benefit from Chinese investment. Except for the Philippines, which won't get any.
Nasaan Ang JEVs😂
He has the military of USA
As a Chinese I don't blame the Philippines at all. We all know how powerful the US imperialism is in term of manipulation and propaganda, especially when they have a military base at your home
@308_Negra_Arroyo_Lane Philippines and Singapore are long-time friends. The Philippines government can consider proposing a Philippines-Singapore Industrial Park. Made that area a Philippines-Singapore free trade zone as well. Together, we can attract Taiwanese, japanese, and Singapore businessmen, etc. Win-win situation.
Indonesia 200% tariff will curb BYD import
Congratulations to Thailand!!!
Jai Hind. Share prosperity with all like us Indians
congrats to Thailand, a great chance for shifting toward to EVs
Philippines Plant coming soon ❤
@@yUrNeRo98nah phillipines is making enemies not only with china but with Asean nations too especially indonesia, malaysia and vietnam. Wont be surprised if they get kick out one day.
Many new cars here are BYD. Although it'd be better for bangkok to have better public transit, but at least there's less exhaust fumes
Thailand was late, but do a lot now.
@@freemanol Our family owns a Dolphin and an Atto 3. Honestly, I didn't wanted to buy a Chinese car (former Mazda owner), but they are no other affordable options here in Thailand. I am very impressed by the quality of the cars and the dealership network.
Thailand really really needs EVs. The traffic jam in Bangkok would be a lot more tolerable with less noise, heat, and haze
Wise move by wise people🎉
hope they would also innovate and upgrade their grid to transmit electricity more and more efficiently. EV and good grid go hand in hand.
Hope the batteries are becoming more and more recyclable and environmentally friendly.
Hope for unceasing efforts in innovation and improvement (longer range and safe) of batteries that are not only designed for new EVs but also can readily fit into all existing models of EV's. In this way, the people who currently embrace green energy EV (for the sake of the environment) would not lose out in time to come and more and more people would be encouraged to join in this noble pursuit in earth care.
so true
As Bangkok-birth citizen, i prefer management of traffic jam than what to do with pollution by traffic jam. So jealous of Singapore and other developed countries traffic. 😆
@@nachtanach39 Everything little bit helps and Thailand needs to get the metro building hurried up. And more pedestrian foot bridge like those under Sukhumvit
Congratulations to Thailand!!! and Congratulations to BYD
Thailand is ahead of the curve 👍🏼
BYD will conquer the world.
The Japanese cars will face great pressure.
That’s why yen is dropping like a stone.
😂
@@windsong3wong828
Toyota Made RECORD Profit last Financial year.
It's the European n American brands that are Suffering.
Do Proper Research before SPEWING 🐂💩
😂😂😂😂😂😂
true
China forced out Korean companies back in 2017 -- Hyundai/Kia lost 90% of market share. They are now #3 global automaker only after Toyota and VW.
Demand for BYD cars is exploding and more capacity is required
Makes Hyundai Factory in Singapore look like a Joke.
Mickey Mouse play Masak Masak
ASEAN could become the world’s fourth-largest economy by 2030, comprising of a consumer market valued at over US$4 trillion.
This economic achievement will be driven by four major forces: strong demographic trends (65 percent of ASEAN’s 600 million population will be middle-class), increasing foreign investment, rising income levels, and digital advances.
Strengthening the bloc’s continued growth trajectory is its various free trade agreements (FTAs) some of which are the world’s largest. These FTA offers numerous opportunities for foreign investors, ranging from capitalizing on Singapore as the region’s financial services hub or moving manufacturing operations to low-cost regions in Vietnam, Indonesia, and Malaysia.
International businesses can benefit from ASEAN’s FTA network in the form of reduced importer costs, improved custom clearances, and increased access to products eligible for preferential treatment. Moreover, there are numerous tax and fiscal benefits such as tax holidays and deductions.
LOL
@@ericphua2359 , Wasn't it reported that the GDP of ASEAN was ahead of India in 2023?
@user-ed9so2rb4k
It's about the same size.
India 2023 GDP is 3,572 billion USD.
Asean 2923 GDP is 3,670 billion USD.
@@ericphua2359
India GDP Per Capita
$2,731 (nominal; 2024 est.) Ranked 136th
$10,123 (PPP; 2024 est.) Ranked 125th
Thailand is Detroit of Asia.
All Major Car Manufacturers are in Thailand as High Quality cars are Made there
right on the money 💰 🤑 💸 💯 🔥
Ancient news.
While Saudi, Turkiye, and China are prepping Malaysia to be the semiconductor giants in SEA. BRICS future is shaping up good.
But China is the Detroit of the world. 😁
Detroit became a desolate town after...
China is best ❤
Lol I Think You Are From Bangladesh
@@user-wj2hr3bu7d from Africa
CCP is the worst
Good on you Thailand for seizing all the opportunities for development thrown at you. I know many European nations are watching it with jealousy. You can talk about human rights, politics and all for all day but at the end of the day, it’s the employment for citizens that matters.
Awesome! Like China, Thailand could dramatically clean up its air pollution and compete with Europe in being one of the cleanest countries in the world. Unfortunately my country seems fixated in returning to the 50s (USA)
But "at what cost??" right CNA 😂😂😂😂😂. CNA is a comedy channel. Good for a laugh. Not for getting actual news.
😂😂😂😂
Fat lady yet to sing
CNA is like a mini BSB NEWS
whatever you say about CNA, it is now a reality that BYD expanded its EV manufacturing to Thailand, the purpose is China can easily selling cars to a country that is hard to sell cars, some countries are not reachable for cars from China, but if it is built in a country with greater networks of other countries to sell cars that's what China will deserve
@@totzinfo yes....and isn't that EXACTLY what Japanese, Korean, German, American car manufacturers do? So it's only a problem when a Chinese company does it?
Greetings, what good news for Thailand, what the countries need are safe and innovative investments. No intrusive policies of countries that seek war only to protect their own interests (USA)
Like Russia and China you mean.
@@MM-sf3rlWhich country China invaded 😢
@@MM-sf3rlNo, if I'm not reading this wrong, he said the US.
The rise of indochina is due.
Many of the cars made in Thailand will be exported to other countries. Great news for people wanting electric vehicles at affordable prices.
Few people understand that a EV doesn't consume fossil fuel so there will be no energy crisis created by a shortage of oil!
The question is where the electric to charge EV come from? Coal? LNG? Geothermal? Nuclear? Diesel and Biodiesel? Wind? Solar? Most of power generated electric still use fossil fuel.
@@ervinabdullah881 But it's always easier to transition power generation sources than to convert future cars that uses internal combustion engine to be less depended on fossil fuels
@@ervinabdullah881 Look at the great advance of renewalbe energy. In 20~30 years, major coutries will achieve zero carbon electricity system.
@@ervinabdullah881 Do you not know either solar or wind is the cheap method to generate electricity today? In China the cost of generating electricity has reached parity for both solar and wind and that is about $570/kW. Using gas should be about $700/kW, coal fired is around $1,000/kW, nuclear $2,500/kW. Diesel would be higher.
Mind you each country can play the game differently especially with nuclear because for UK and US the cost can be $15,000/kW or higher.
Here are some power plant cost I have collected (NPP=Nuclear Power Plant)
Finland Olkiluto 3 NPP (9 billion Euro) ($6,187/kW)
UK Hinkley Point C NPP cost at ($16,933/kW)
China Taishan NPP (台山核电站) 1 & 2 at 2009 price $2,259/kW
China Qinshan Stage 2 秦山二期 2x642MW ($1,676/kW)
China Qinshan Stage 3 秦山三期 2x728MW ($2,057/kW)
China Daya NPP (大亚湾核电站) 2×984MW ($2,222/kW)
China Tianwan NPP (田湾核电站) 2×1060MW ($1,616/kW)
Kazakhstan new NPP proposed by China 2.4GW at $12 billion ($5,000/KW)
China in 2023 invested US$13.1 billion for building 5 nuclear plant units (average cost $2248/kW)
US Vogtle Electric NPP (Unit 3 & 4 between 2009 to 2024 at $15,666/kW)
Philippines Bataan NPP 621MW for $2.3 billion ($3,645/kW) never fueled since 1984
Philippines SMR deal - U.S. nuclear giant proposes $7.5 billion for 462MW (US$ 16,233/kW)
Siemens wind farm installation cost US$ 1,589/kW While Chinese cost US$ 571/kW
Rystad claimed Chinese solar panel cost 2/3 of European manufactured panel.
Failed Indian Chungthang hydro cost $1,250/kw
UAE’s Mohammed bin Rashid Al Maktoum Solar Park (5,000MW) < $630/kw
Qatar’s First Large-Scale (800 MW) Al Kharsaah Solar Plant ($625/kW)
2023 China wind and solar reach parity 4000 yuan/kW ($571/kW)
World’s largest solar plant 3.5GW in Xinjiang operational on 29 May 2024 ($608/kw)
China received the lowest bid for 9.1 GW wind power in Inner Mongolia Gobi desert ($280/kW)
US average wind power installation ($1,500/kW in 2021) & ($1,370/kW in 2022)
@@ervinabdullah881 The US already has some 50% of its annual 4250TWh electrical generation produced by non-fossil fuel sources. Canada has 81% of its annual electric generation from non-fossil fuel sources thanks to its abundance of hydro and nuclear power. The US/Canada/EU and others already pledged to have a net-zero grid by 2035 which is also the year sales of new combustion engine vehicles will banned.
In 2022, more than 80% of all worldwide new energy capacity additions were renewables. With the cosmic non-stop power of our sun, less than 1% of the world's land surface covered in just current generation photovoltaics can power all of the world's grids. There is enough off-shore wind to power the world several times over.
Economically, EVs will drive grids towards renewable sources and additional capacity. Because EVs provide economic incentive to upgrade the grids because every dollar spent on upgrading the grid gets both cleaner transportation and cleaner industry. The grid is a multipurpose foundational piece of a nation's infrastructure. OTOH, fossil fuel vehicles have never and will never provide this benefit to the grid.
Continued use of fossil fuel vehicles keeps us dependent on the likes of petro dictators like Putin who don't hesitate to use petro as an economic weapon, and for leverage towards his selfish goals. Continued use of fossil fuels keeps the world bent over the barrel of organizations like OPEC. Continued use of fossil fuel vehicles drives us further into the climate change hole. What's the first thing you should do when you've dug yourself into a hole? Stop digging!
Also CNA: ".... but what is China's sinister motive and what cost to Thailand?" 🤣
😂😆
@@AyeAye-o8t
CNA, Roti Prata News
Let's see....more job oppurtinity for the locals which create more social stability in South east Asia. Win, win for every party!
May Thailand's future be as bright as ever and progressively. I love Thailand, here I come.
Thailand is doomed!
Congratulations 🎊 to Thailand
泰国🇹🇭是东南亚汽车工业最发达的国家，比亚迪选择很有针对性。
Electric cars r like big electrical equipment. It is a adult toy.
All cars are toys for adults 😅
So in your mind, only gas cars or vehicles with internal combustion engines aren't toys?
How stupid you are mate 😂
对于电力不稳定的家庭，他就是一个移动电站，可以供一个家庭满负荷使用3天左右。
Congratulation China and Thailand cooporation and friendship 🎉🎉🎉🎉🎉
Win-win cooperation. Make Thailand great again!
Thailand has got the trust of BYD to build EV plant there, heartedly congratulations!
BYD is a superior car.
😂
They are just notorious for catching fire.
A fire hazard.
@@JigilJigil false
@@wynn3077 false
东盟国家非常适合发展电动汽车 应为东盟有着丰富绿色能源设施建设的基础条件 比如太阳能风能水能核能 摆脱了石油限制及空气污染困扰 人民的用低成本出行 健康绿色就是东盟 最重要的是这一切都能带动当地人的大量就业机会
Thailand+BYD=smart cooperation ever.😊😊😊
Congratulations to Thailand and China. EV is very good for ASEAN.
Thailand needs EV REALLY! If you go to any Chinese major cities, the instant feeling is the significant reduction of noise on the streets. Besides EV, electrical scooters and electrical buses also play a crucial part to ease this problem. Can you imagine a quiet Bangkok where everyone actually quit talking loud to each other and breathing waste gas?! That would just be fantastic. Embrace this opportunity THAILAND!
Im just watching this video from thailand on a pc powered by my BYD seal. My power supply has been cut after the developer of my gated communuity decided to no longer compensate for solar exports within the village. I refused to pay for his power unless he pays for my power as well.. so now im without grid connection and power my home over VTL.. This car is not just a car, its a 80kwh battery as well :)
So cool
BYD IS A GREAT AFFORDABLE CAR
Good work Thailand... 👍👍👍
Equivalent to 132 football field??? 👌 👏
Chinese scale. Follow Gigafactory model.
Do they have factory tours? I would definitely visit
I'm confuse, i thought this plant specifically manufactures only right side steering for specific right side driver markets like Japan, Australia, UK, etc
Majority of population in Southeast Asia drives on the left side: Thailand, Malaysia, Singapore, and Indonesia.
RHD BYD EVs for Australia out of the Thailand factory. Well done!
China need more of such factory. We are running out of job when they moved out of China
The latest news is that BYD supplies batteries for Thailand assembly plants from HLI Green Energy/ Indonesia Battery Corp. while waiting for Chinese CATL investment to complete its factory in Indonesia and hopefully this can make BYD's prices in Thailand more competitive. Congratulations to BYD Thailand.
The world need corporation between countries and businesses so we all have a better future, spreading hate will not get us far, congratulations to BYD and Thailand partnership. I wish them all the success
HYUNDAI is setting up manufacturing plants in Indonesia 😊
Already. Battery factory too
Yes you can see the burning iqonik 5 😂😂😂@@keangwooichoo6138
I dislike Korean.
Yes!
Go forward BYD🎉
For ASEAN and South Asian markets?
ASEAN could become the world’s fourth-largest economy by 2030, comprising of a consumer market valued at over US$4 trillion.
This economic achievement will be driven by four major forces: strong demographic trends (65 percent of ASEAN’s 600 million population will be middle-class), increasing foreign investment, rising income levels, and digital advances.
Strengthening the bloc’s continued growth trajectory is its various free trade agreements (FTAs) some of which are the world’s largest. These FTA offers numerous opportunities for foreign investors, ranging from capitalizing on Singapore as the region’s financial services hub or moving manufacturing operations to low-cost regions in Vietnam, Indonesia, and Malaysia.
International businesses can benefit from ASEAN’s FTA network in the form of reduced importer costs, improved custom clearances, and increased access to products eligible for preferential treatment. Moreover, there are numerous tax and fiscal benefits such as tax holidays and deductions.
RHD market including Australia and NZ.
aus and nz
BYD hold the highest market share in Thailand's EV market, in Thailand the government does not subsidize local petrol prices then many of us switched from ICE to EV instead, when EV are popular among Thais the infrastructures for EV ie EV charging station also improving and increasing repidly nationwide to meet the demand too.
BYD cars made in Thailand will also entitle 0% import tax when export from Thailand to ASEAN under the FTA, regardless BYD is a Chinese automaker.
BYD has factories in many countries around the world, including Hungary, Spain, and Poland in Europe, Uzbekistan and Thailand in Asia, and Brazil and Mexico in America.
Congrats to Thailand ppl all asians should work together for a great future
BYD,MG (Saic motor),GWM,Chang An,Gac Motor,Neta and Cherry,they choose Thailand.👏
I love both China and Thailand.❤❤❤
Kudos for Thailand!
What is up with these football field units as a form of measurement?
American cultural export
I prefer acres.
Should use inches.
so good for Thailand, well done BYD
10000 people to make 150,000 vehicles per year. That's 15 vehicles per person.
What is so green about evs? The mines for cobalt? The non-recyclable batteries? The electricity used to-charge them that is made by other “green” resources?
BYD has moved to LFP batteries which are cobalt-free. LFP batteries are also advantageous because of their low cost, high safety, low toxicity, and longer life cycles than conventional lithium-ion batteries.
and they can be recycled.
Thailand,Congratulations to you !🎉🎉🎉😊😊😊
You can bet your bottom dollar that the second a car hits the market in Singapore, the price will shoot up to at least three times its original price. All thanks to that 10-year COE. What a brilliant way to keep us all on our toes, right?
@@sglatitude
All cars are Hit With Import Tax, ARF, Registration n RIDICULOUS COE now at $100k which do NOT Include the Car Price yet
Dear CNA, you forgot to add the usual tail to your title.
You could have done it better as you always do, the title should be "China's BYD opens electric vehicle factory in Thailand. BUT AT WHAT COST?"
Together we build future for our people :)
BYD is not the only Chinese EV manufacturer in Thailand. When GM left Thailand its factory was bought over by Great Wall Motor who is now manufacturing EV as well. Neta is another Chinese EV manufacturer in Thailand.
Wah easy to find BYD spare parts in Thailand sooner.
U know China put will failed?😂
Thailand will have better EVs than USA, Europe
@@calvinblue894 that’s because Thailand doesn’t have its own tech to create its own cars
Someone received a big red packet for this factory lol
@@djibicisse BYD cars are great...amd Chinese EVs will lead the world because China wants to go total EV soon..
@@calvinblue894 not really
Demand for ev cars are way down on usa and also on China , that’s why they are aggressively trying to export
They can’t sell in their own country
Demand for hybrid cars are up
Not evs
@@djibicisse Demand LOL 🤣😂🤣 Sorry to break it to you...Xi Jinping wants China to go all EV in few years to come..
No need to talk demand..
Xi says it .that means competitiveness for EVs will go sky high..
@@calvinblue894 xi wants?
Mean Chinese have to follow? Lol
I like the color
490m usd is not a lot. Not even 1b usd.
I believe now they can benefit from the trade agreement between india and Thailand .. they don’t have to pay heavy taxes like before in order to sell their cars in India.
so its make in thailand or assemble in thailand? that makes a lot of difference!
CKD组装，我们现在国内失业非常严重，政府不会允许转移产业链的
I heard BYD's also opening up a factory in indonesia. Tbh indonesias an entirely different market on its own comparing to mainland sea
Can open in Singapore too ? We want that byd EV manufacturing factory in Singapore but not assembly plant.
Good there should open More plants all over the globe 🌍
Indonesia already has ev factory for korean brand.
South Korea ev? Does anyone buy it except Koreans?😅
@figgbx112 not sure. But korean cars in malaysia have a bad reputation.
Congratulations to Thailand
Hope they can set up a facotry in Malaysia.
Malaysia have Geely factory
They won't. Btw there are 4 Toyota factories in setia alam not sure what will happen next.
👍👍👍Excellent form
What AWD models they will make in Thailand ?
What about MG X Power !
EV is good. But also people dont know how dangerous it is to produce one, and also to the climate.
now can export to U.S.A and China Taiwan from Thailand
Yes..but how many factories are open in Europe...end ...WV..Tesla..Ford....battery 10 times Bader
And….Byd upset old customers by decreasing car price more than us$10000 .
👇🏼 Filipinos who envy Thailand. 😭
We welcome more steep discounts😊😊😊😊
Let's keep an eye on this joke of an alliance between China and Thailand.
Singapore sidelined?
Congratulations to Thailand 🎉
They just dropped BYD vehicle prices by 30%, but the infrastructure is still way behind.
ASEAN should protect it's market from abusive.
Great report, support from HK China
7月开始已经超过大众销量，现在仅次于丰田，这几年会死很多小厂家，销量越来越往头部集中
I like Toyota Champ.
Ini semua hanya permainan antara China dan AS. Dan negata kami di Indonesia harus hati2, dan tegas.
👍👍👍👍👍👍👍👍👍
Let's hope Thais are being employed.
Go BYD.
we got pledges!!!
Bring it to Africa
China is busy ransacking Africa's resources.
when singaporean rent car to drive o'seas, they need more then a while to get familiar with the more advance and sophisticated models they dont hv in singapore, even in thailand., esp those lower end models. wonder why? they used to pride themselves with the latest model even in msia.. seems not any more!
Imagine after this EU will start imposing tariff to Thailand
Indonesia is still no.1.
Thailand is back 🧡🧡🧡🙏
right side driving, export🎉🎉🎉🎉
200%TAX
@@user-xo7kr7zp9z
WRONG
THERE is EV 3.5 Policy