Shanghai/Bangkok, December 05, 2022 – With an funding of greater than 40 million euros and the signing of a memorandum of understanding with Bio Hub Asia, Aiways cooperation accomplice Phoenix EV is laying the groundwork for an meeting plant in Thailand that may produce the primary domestically produced items of the Aiways U5 SUV and Aiways U6 SUV-Coupé as early as 2023.
Bio Hub Asia in Chachoengsao Province is the primary vertically built-in “Bio-Round-Inexperienced-Financial system” industrial space in Thailand and Southeast Asia. The mission goals to optimize the usage of sources, at low value and with out air pollution. The planning assumes the institution of 54 sustainable factories in numerous sectors: From chemical compounds to vitality to medication and well being, to a analysis and growth heart for sustainable innovation.
With over 400 hectares of flooring house for the automobile meeting plant and battery meeting plant, a good portion of Bio Hub Asia is reserved for Aiways and Phoenix EV. Completion of the primary part of building is deliberate as early as 2023, permitting the primary automobile to be assembled. Phoenix EV’s CEO, Sakonsak Sirachaiyasit, plans a pilot sequence of 600 autos subsequent yr.
The advantages of native manufacturing within the Bio Hub promoted by the Board of Funding of Thailand (BOI) and Jap Financial Hall (EEC) are multi-faceted. Along with direct fiscal incentives, the exemption from import duties particularly ensures market-driven pricing. With its meeting plant in Chachoengsao, Aiways is the primary Chinese language producer in a sustainable atmosphere, accelerating the transformation of the “Detroit of Asia” – Thailand is the biggest automotive hub in Southeast Asia and the tenth largest automobile manufacturing nation on this planet – towards a decrease carbon footprint.
“The concept behind Bio Hub Asia suits completely with our firm philosophy: we wish to create advantages. For our clients, but in addition for the neighborhood and society, by fixing the challenges of our time in an clever and sustainable method,” says Dr. Alexander Klose, Govt Vice President Abroad Operations at Aiways, enthusiastic concerning the idea of the brand new website in Thailand. “The advantages of the Bio Hub additionally prolong far past the manufacturing of our autos; for instance, we’re additionally working right here with a software program firm that develops charging options and grid stabilization for our infrastructure in Thailand, and we’re guaranteeing quick and environment friendly growth of market-specific product modifications with a analysis crew based mostly right here.”
For Aiways, this transfer to Thailand additionally marks one other milestone within the firm’s historical past. As a part of the “signing ceremony”, the primary drivable prototypes of the right-hand drive model of the Aiways U5 SUV had been proven, which will even roll off the manufacturing line on the new plant sooner or later. The RHD model won’t solely be restricted to the Thai market; the Aiways U5 SUV and and slightly later additionally the Aiways U6 SUV-Coupé will even be rolled out to different left-driving markets from 2023 as introduced.
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