Watson Thailand Wins New Energy Vehicle OEM Project, Boosting Market Expansion and Investment in Thai Base

Publicado: Oct 10, 2024 12:25
Jinfei Kaida revealed in its investor relations activities that Watson Thailand, with abundant main business orders, has leveraged its extensive customer resources to actively expand the market, successfully winning the project bid from a leading new energy vehicle OEM and entering the mass supply phase. In recent years, with the commissioning of new production bases of Chinese automotive brands such as Changan, Great Wall Motor, and BYD in Thailand, market demand has continued to grow. To this end, the company plans to further increase investment in its Thai base to enhance the plant's delivery capabilities. Currently, the construction project for producing 2 million new energy vehicle hubs annually is progressing smoothly. If the project progresses smoothly, it will effectively utilize the channel advantages of the Thai plant to meet the hub supporting needs of Chinese and other international brands' production bases in Thailand, contributing to achieving economies of scale, enhancing corporate competitiveness, and accelerating the exploration of overseas markets.

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Jinfei Kaida revealed in its investor relations activities that Watson - Shanghai Metals Market (SMM)