Mazda To Invest Around $150 Million In Thailand For EV & Hybrid Car Production
Mazda will invest THB 5 billion in Thailand to produce compact SUVs with an annual capacity of 1,00,000 units. The plant will supply Japan, ASEAN markets, and Thailand. Mazda also plans to introduce five electrified models in Thailand between 2025 and 2027, including the Mazda6e produced by Changan Mazda Automobile. Mazda has operated in Thailand for 70 years and is adapting its production and sales to meet the growing demand for electric vehicles.
Mazda To Invest Around $150 Million In Thailand For EV & Hybrid Car Production
Japanese automaker Mazda has announced an investment of THB 5 billion to expand manufacturing operations in Thailand. The investment will be directed to Auto Alliance to set up production for compact SUVs. The plant will have an annual production capacity of 1,00,000 units and will supply vehicles to Japan, Thailand and ASEAN markets.
Upcoming Electrified Vehicles In Thailand
Sharing this update the company revealed that between 2025 and 2027, Mazda plans to introduce five electrified models in the Thai market. These include two battery electric vehicles, one plug-in hybrid and two hybrid models. The company is expanding its electrified lineup in response to changes in the market.
One of the models, the Mazda6e, will be produced by Changan Mazda Automobile, a joint venture (JV) between Mazda and Chongqing Changan Automobile Co., Ltd. The model will be introduced in Thailand in 2025 and will also be available in China and Europe.
Mazda has operated in Thailand for 70 years and is making changes to its production and sales structure in the country. The company has outlined a long-term plan for its operations leading up to 2030.
Masahiro Moro, President and CEO, Mazda said, “We place great importance on building relationships of trust and empathy with our stakeholders in order to realize our Purpose, which is to ‘ENRICH LIFE-IN-MOTION FOR THOSE WE SERVE.’ Based on this purpose, we will introduce electrified products that are uniquely Mazda and meet the needs of customers in Thailand where electrification is progressing, and strengthen the role of our plant in Thailand to serve as a base for exporting compact vehicles mainly to Japan and the ASEAN market”.
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