China’s Chongqing Sokon to produce commercial EVs in Thailand – joint investment involving local firm

China’s Chongqing Sokon to produce commercial EVs in Thailand – joint investment involving local firm

According to a report by Bangkok Post, Chongqing Sokon Motor has announced plans to produce commercial electric vehicles (EVs) in Thailand that will involve a joint investment with a local firm.

“We see a good business opportunity and high growth potential in the commercial EV segment in Thailand and Asean. We are confident demand for commercial EVs will increase as the Thai economy grows,” commented David Luo, sales director at Chongqing Sokon Motor.

The company is currently in talks with Thailand’s Planet EV regarding the production of fully electric commercial vehicles, including pick-up trucks and vans. The latter was recently appointment the official distributor of Sokon EVs and aims to sell 1,000 commercial EVs as well as set up 1,000 EV chargers in 2024.

“Planet EV plans to embark on businesses, including EV manufacturing and battery charging, to serve the Thai EV industry,” said Kittapart Wiriyachanta, CEO of Planet EV, who added that he expects to conclude the investment plan quickly.

Chongqing Sokon Motor’s focus on commercial EVs is to target a niche segment that it sees has potential for growth in Thailand, with Luo expecting sales to increase in this segment in the future. Kittapart pointed out that the focus is on selling commercial EVs to companies, with Luo adding that three models, including pick-up trucks, will be imported from China into Thailand initially.

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Gerard Lye

Originating from the corporate world with a background in finance and economics, Gerard’s strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.

 

Comments

  • Rakyat Malaysia on Dec 19, 2023 at 12:54 pm

    PMX Bapak EV Siam. Lagi baik dia blah jadik PM Siam, dah cukup dia rosakkan negara kita.

    Like or Dislike: Thumb up 0 Thumb down 2
  • Nurul Izzah on Dec 19, 2023 at 1:32 pm

    Anwar menang, Thailand senang

    Like or Dislike: Thumb up 2 Thumb down 0
  • newme on Dec 19, 2023 at 2:00 pm

    All these company cap ayam no need to post lah.

    Like or Dislike: Thumb up 2 Thumb down 1
  • Why Thailand is so popular for auto assemblers on Dec 20, 2023 at 12:07 pm

    No emforcing must use local substandard parts? Practice meritocrazy?

    First X70 use absorber local parts what happen ?

    Like or Dislike: Thumb up 0 Thumb down 0
 

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