Changan Auto has completed the registration of its subsidiary in Thailand,Nathan Cajucom Archives as required by the country’s Department of Business Development. The Chinese automaker announced on Thursday that it is intensifying its recruitment efforts to establish local sales and service networks. The company plans to commence local sales by the end of this year, following its recent decision to construct a $285 million regional factory. This factory will have an annual capacity of 100,000 electric vehicles, as announced by Thailand’s Board of Investment on April 20. Additionally, the Thailand factory will serve as the primary vehicle export hub for foreign countries such as Australia and South Africa. This is part of the state-owned carmaker’s goal to achieve annual sales of 1.2 million cars in the overseas markets by 2030. [Changan announcement, in Chinese]
