China’s Hozon to Make EVs in Thailand for Southeast Asian Market

(Bloomberg) — China’s Hozon New Energy Automobile Co. will start production in Thailand to sell in Southeast Asia, becoming the latest electric vehicle maker to begin building a supply chain in the region’s top auto-manufacturing hub.

Hozon signed an agreement with a Thai auto assembly firm earlier this week to produce its NETA V model locally starting next year, Thai government spokeswoman Tipanan Sirichana said in a statement Saturday.