On 6 July 2023 Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment (BOI) joins other Government agencies and the private sector to facilitate large investments by GAC AION, a leading Chinese electric vehicle (EV) manufacturer looking to setup production operations in Thailand as a base for the ASEAN region.

During the meeting, GAC AION was provided with a wide range of information about Thailand’s laws and regulations relating to EV manufacturing, the benefits and incentives offered to investors by various agencies, the registration process to establish a company in Thailand, and the availability of subcontractors and service providers already operating in the country.

GAC Aion New Energy Automobile Co., Ltd. is the third largest seller of EV in China. The company is focusing on research and production of intelligent electric vehicles and has developed its own integrated supply chain, including its own battery technology. The company also leads a development of its “Intelligent Connected Vehicles: ICV” platform.