Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, June 2 (Reuters)-Geely is preparing to enter the Thai electric car market and is considering setting up a local plant for production, a Geely spokesman denied the rumor.

▲ Touyuan: Geometry reported that Geely is preparing to enter the Thai market in the early stages of negotiations. Geely hopes to introduce electric pickup trucks from sub-brand Radar and entry-level electric vehicles from Geometry in Thailand. The report pointed out that because Geely handed over the relevant work to sub-brands such as Geometry Motor and Radar, the negotiation became more complicated.

▲ source: radar car in addition, Reuters also said that Geely is currently evaluating the possibility of building a factory in Thailand. A spokesman for Geely responded that the company had no plans to build the plant and refused to provide any details of negotiations on investment projects in Thailand.

Earlier, Narit Therdsteerasukdi, secretary-general of Thailand's Investment Committee, revealed that during his visit to China in April, he met with executives of five large Chinese automakers, including Geely and BYD, and all the participants praised the goals of Thailand's regional electric vehicle manufacturing center and expressed interest in joining the Thai electric vehicle supply chain.

CTOnews.com noted that Thailand is the tenth largest car producer in the world and aims to increase electric vehicle production capacity to 750000 vehicles a year by 2030.

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