BYD Vehicle Deliveries in Thailand Reach 90,000 Units as Local Factory Celebrates First Production Anniversary
BYD, the Chinese electric vehicle (EV) manufacturer, has made significant strides in its expansion into Southeast Asia, particularly in Thailand. The company, known for its innovative EVs and hybrid vehicles, officially entered the Thai market in October 2022 and has since experienced robust growth.
The cornerstone of BYD's Thai operation is its factory, located in the Eastern Economic Corridor (EEC) of Rayong. Opened on July 4, 2024, this factory marks BYD's first wholly-owned overseas passenger vehicle factory[1]. The facility, constructed from March 10, 2023, boasts an annual production capacity of 150,000 vehicles[1].
BYD's entry into the Thai market began through a partnership with Rêver Automotive, focusing on passenger electric cars[2]. The establishment of the local factory has further solidified its presence, enhancing production capabilities and efficiency. Models currently in production at the factory include the all-electric Dolphin and Seal, as well as the Atto 3, known as the Yuan Plus in China.
One of the factory's most notable achievements is the delivery of its 90,000th vehicle, a milestone reached in July 2025. This significant achievement coincides with the first anniversary of the Thai production plant's operation[3]. The 90,000th vehicle delivered was a D9 MPV from BYD's premium sub-brand Denza[3].
BYD's sales performance in Thailand has been robust, with a 66.5% increase in sales in the first five months of this year compared to the same period last year[4]. The company's sales figures have been consistently impressive, with June seeing a record-breaking 90,049 vehicles sold overseas, marking the seventh consecutive month of record-breaking sales[5].
BYD's success in Thailand is not limited to sales alone. The company has also made strategic investments, such as acquiring a 20% stake in Thai dealer Rever Automotive[6]. The production of BYD's Seal PHEV in Thailand is also planned, indicating a diversification of its product offerings locally[1].
The BYD Chaser 05 plug-in hybrid sedan, which is set to launch soon, has been produced at the Thai factory and has been renamed the BYD Seal 5 DM-i in Thailand[7]. The factory's production also marked a global milestone for BYD, with the 8 millionth vehicle produced on July 4, 2024[8].
In conclusion, BYD's expansion into Thailand has been a resounding success. The company's sales performance, factory production, and strategic investments all point to a strong and growing presence in Southeast Asia. As BYD continues to expand its product offerings and production capabilities in Thailand, it is poised to make a significant impact on the region's EV market.
- BYD, having established its first wholly-owned overseas passenger vehicle factory in Thailand's Eastern Economic Corridor (EEC) of Rayong, is expanding its footprint within the Southeast Asian market.
- The factory, which commenced operations on July 4, 2024, boasts an annual production capacity of 150,000 vehicles, and has delivered its 90,000th vehicle, marking a significant milestone in its operations.
- BYD's entry into the Thai market was facilitated by a partnership with Rêver Automotive, focusing on passenger electric cars, with the manufacturing of the all-electric Dolphin, Seal, and Atto 3 (Yuan Plus in China) currently underway at the factory.
- The company's sales figures in Thailand have been impressive, with a 66.5% increase in sales in the first five months of this year compared to the same period last year, and a record-breaking 90,049 vehicles sold overseas in June, marking the seventh consecutive month of record-breaking sales.
- In addition to sales, BYD has made strategic investments in the region, such as acquiring a 20% stake in Thai dealer Rever Automotive, and plans to produce the Seal PHEV in Thailand, indicating a diversification of its product offerings locally.
- One of the latest additions to BYD's Thai production line is the BYD Chaser 05 plug-in hybrid sedan, which has been renamed the BYD Seal 5 DM-i in Thailand and is set to launch soon.
- The factory's production of the 8 millionth vehicle on July 4, 2024, is a global milestone for BYD, and further solidifies the Chinese manufacturer's position as a key player in the EV, automotive technology, energy, finance, transportation, and automotive industry sectors, both in China and internationally.
