Chinese EV startup Aiways to set up EV assembly plant in Thailand

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Aiways and its Thai partner Phoenix EV have secured a land parcel of over 400 hectares at Bio Hub Asia for building vehicle and battery assembly facilities

Shanghai-based EV startup Aiways plans to set up a strategic EV assembly plant in Thailand with an investment of EUR40 million (USD42.16 million), the company announced on 2 December 2022.

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