Automakers from China on ASEAN 'drive'
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Major players invest in production and supply chains to fuel regional growth
China's biggest carmakers are accelerating their push into Southeast Asia, tapping into the region's booming demand while expanding their manufacturing and sales networks to strengthen their global presence.
BYD, a major new energy vehicle maker, opened its first Southeast Asian factory in Thailand in July. It said the region is experiencing rapid growth in demand for new energy vehicles as consumers are paying more attention to environmental sustainability and economic efficiency.
The Thai plant's car making operations cover stamping, painting, welding, final assembly and producing car components. It is projected to generate 10,000 jobs.
