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Mazda Invests B5bn in New Mild Hybrid EV Initiative

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Mazda's Strategic Move in Thailand's Automotive Sector Mazda Motor Corporation is making a significant investment in Thailand, planning to allocate 5 billion baht early next year for the establishment of a new production base dedicated to mild hybrid electric vehicles (MHEVs). This move marks a crucial step in Thailand’s journey toward embracing electric mobility and highlights the country’s growing importance in the global automotive industry. The new facility is expected to have an annual production capacity of 100,000 units, with operations set to commence in 2027. The vehicles produced at this site will be exported to key markets such as Japan, Australia, New Zealand, and various countries across Southeast Asia. While the specifics of whether Mazda will build a new factory or expand its existing assembly plant in Rayong remain undisclosed, the company has expressed confidence in the quality of vehicles manufactured in Thailand. This investment aligns with the Board of In...