Chinese carmaker Geely and Malaysia’s Proton consider EV plant in Thailand, Thai prime minister says

Published October 11, 2023 6:34 AM

PUTRAJAYA, Malaysia (AP) — Thailand’s prime minister says Malaysia’s national carmaker Proton and its Chinese partner Geely are considering setting up a plant in Thailand to produce electric vehicles. Srettha said after talks with Malaysian leader Anwar Ibrahim on Wednesday in Malaysia that the two sides would hold a meeting to identify the next step “and move forward quickly.” He didn’t provide further details. Geely holds a 49.9% stake in Proton, which is owned by local conglomerate DRB-Hicom Berhad. The Chinese carmaker’s entry into Proton in 2017 has given it a foothold in Southeast Asia and helped restore the fortune of the once dominant Malaysian brand.

Article Topic Follows: AP-National

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KION 46 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.