Hyperdrive

China Brings EV Price War to Thailand, Dangling 38% Discounts

A BYD Dolphin compact hatchback displayed during the launch of the company’s new plant in Nikhom Phatthana. — A BYD Dolphin compact hatchback displayed during the launch of the company’s new plant in Nikhom Phatthana.
Photographer: Valeria Mongelli/Bloomberg

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By Anuchit Nguyen

December 15, 2025 at 12:00 PM UTC

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Chinese electric vehicle makers that already are struggling with bruising competition at home have brought their aggressive discounting to Thailand, seeking to win over budget-conscious buyers.