- In Thailand, BYD sold 21,458 vehicles in the first five months of this year, up 66.5 percent year-on-year.
- The BYD Chaser 05 plug-in hybrid sedan has already rolled off the production line at the Thai factory and is set to launch soon.
BYD (HKG: 1211, OTCMKTS: BYDDY) has reached a new delivery milestone in Thailand as its local factory marks one year of operation.
The Chinese new energy vehicle (NEV) maker delivered its 90,000th vehicle in Thailand, a D9 MPV (multi-purpose vehicle) from its premium sub-brand Denza, according to a statement released today.
BYD chairman and president Wang Chuanfu handed over the vehicle to Nualphan Lamsam, president of the Football Association of Thailand.
The BYD Chaser 05 plug-in hybrid sedan has rolled off the assembly line at the Thai factory and is set to launch soon as the factory marks its first full year of operation, according to the company.
The BYD Chaser 05 has been renamed the BYD Seal 5 DM-i in Thailand. Notably, in Europe, the BYD Seal 5 DM-i is the Seal 05 DM-I in China.
BYD officially entered the Thai market in 2022, initially selling vehicles in the Southeast Asian country through imports.
On March 10, 2023, BYD began construction of its factory in Thailand.
On July 4, 2024, the factory commenced production, with the first Thailand-made BYD vehicle rolling off the assembly line, marking the company’s 8 millionth vehicle globally.
The factory has an annual production capacity of 150,000 vehicles and is BYD’s first wholly-owned overseas passenger vehicle factory. Models currently in production include the all-electric Dolphin and Seal, as well as the Atto 3, known as the Yuan Plus in China.
Denza entered Thailand and launched the D9 MPV in November 2024.
BYD Group sold 382,585 NEVs in June, the highest this year, representing a year-on-year increase of 11.98 percent, though it remained largely flat from May, according to data released on July 1.
The group sold 90,049 vehicles overseas in June, marking the seventh consecutive month of record-breaking sales. This represents a year-on-year increase of 233.58 percent and a month-on-month increase of 1.13 percent.
In Thailand, BYD sold 21,458 vehicles in the first five months of this year, up 66.5 percent year-on-year, according to data from market research firm MarkLines.
