At the end of May, a report by Reuters indicated that Geely was planning to enter the Thailand market with electric vehicles (EVs) and was considering models for import and local manufacturing. Unnamed sources told the news agency that the Chinese carmaker was mulling whether to market an entry-level EV as well as a fully electric pick-up truck from its Radar brand, in this case the RD6.
However, the automaker said at that point that it was all hearsay, with a company media representative telling the news agency that “Geely has no such plans,” while declining to provide details about any talks it was having about investments in the country.
Things went quiet following that initial report, but the topic has come back up again, with Headlightmag now reporting that supposed plans by Geely to enter Thailand with a significant investment have been cancelled.
Whether the reported investment plans in Thailand as well as that suggested by the Headlight report has anything more than a palpability to it is uncertain, but what we do know is that Geely is set to invest USD10 billion (RM45.6 billion) to turn Tanjung Malim in Perak into the region’s largest auto city, as revealed by prime minister Datuk Seri Anwar Ibrahim last month.
While this investment is expected to centre around the development of Proton-related models, it doesn’t discount the possibility of Proton providing contract assembly for the wider Geely group in the future, as it has excess capacity at its car and engine plants in Tanjung Malim.
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Nahh. Geli
Dear Geely… Shut up!!… Just bring-in this RD6!!
Fake new. USA based Reuters trying to help their stooge Anwar from losing the elections. Come after PRN all is back to normal.
Peppa your low IQ is so obvious. Not surprising. No wonder your motherland so poor. Now you know why. Penny wise pound foolish IQ
Anwar menang, Geli labur sini
2016 masa Geely masuk siapa PM ye? Pls bring him back as PM. Tq
Yes, bring him back. Then Zhongguo Gongchandang can continue with its plans to open branches in bolehland.
Lol looks like kena reject lagi
Thank’s to Azmin, according to himself.
Good job and keep going PMX!
Thank PM6. So lets bring him back as PM since he did a gr8 job!
2.6 billion reasons to show for his gr8 job.
Syabas Tahniah kejayaan Kerajaan Perpaduan PHBN :))
DAP says Msia sudah jual to China wei! So siapa yg betul!
Unfortunately, Zhongguo Gongchandang is unable to complete its plan when 6th PM is now special govt guest in kajang.
good move by the gov to get some big investments as long as Malaysia dose not become a financial slave to china.
Well Geely went too late considering there’s about 59% market share of EVs in the SEA and mostly made up of Chinese brand. Anyway until today the X50, X70 or X90 also have not been exported yet to Thailand so one would guess Malaysian production is so far mainly for local consumption.
Actually Proton exports of Geely models has increased quite a lot especially in Africa. Many good reviews over there
More FDI for Malaysia ! Doesn’t matter from who . Cash is cash. Make Malaysia great again!
PM6;” cash is king, king is rakyat”
A lot of good news with plenty of new deals and expansion deals in Malaysia.
Tesla new HQ in Cyberjaya
Geely expansion in Tanjung Malim
Infineon expansion in Kulim
Aramco expansion in Johor
Ericsson new 5G factory in Prai
Interesting days ahead..
Nasi lemak – like
Tomyam – dislike
Thailand won’t lose face pleading with Geely. Opens the door for other car makers inc European ones.
Geely should quickly bring in the RD6 Electric 4 x 4 pick-up truck into Malaysia so far Malaysia still do not have any Electric 4 x 4 pick up truck here. So it should be able to sell well here.