Chinese automakers are entering Thailand's electric vehicle market aggressively, igniting a price war that has seen significant price reductions. At the Bangkok International Motor Show, BYD showcased its new Atto 3 electric SUV, priced nearly 20% lower than the current model at 899,900 baht, or one dollar 24,500, after subsidies. The company's booth also featured discounts on other electric sedans and hatchbacks.
Chinese automakers are entering Thailand's electric vehicle market aggressively, igniting a price war that has seen significant price reductions.
At the Bangkok International Motor Show, BYD showcased its new Atto 3 electric SUV, priced nearly 20% lower than the current model at 899,900 baht, or one dollar 24,500, after subsidies.
The company's booth also featured discounts on other electric sedans and hatchbacks.