LEAPMOTOR met with the Secretary-General of the BOI to discuss plans to establish a car manufacturing plant in Thailand, while opening the door to collaboration with local partners to advance long-term investment plans following the launch of the B03X electric SUV.
On 2 Nov 2026 GMT+7, Mr. Li Tengfei, Vice President and Chief Financial Officer of LEAPMOTOR, together with Mr. Liam Liu, General Manager of LEAPMOTOR Thailand, met with Mr. Narit Therdsteerasak, Secretary-General of the Board of Investment (BOI), to discuss plans to set up a car manufacturing factory in Thailand.
Both parties exchanged views on developing the new energy vehicle (NEV) industry in Thailand, including opportunities to collaborate and develop local production bases. LEAPMOTOR aims to make Thailand a hub for expanding its right-hand drive vehicle market in the region, alongside working with local partners to broaden its network and improve after-sales services.
The discussion followed LEAPMOTOR’s launch of the new B03X electric SUV in Thailand on 30 Oct 2026 GMT+7. At the launch event, the company revealed its long-term investment direction, which includes the concept of establishing a local car manufacturing plant.
Regarding the factory project, it is currently under discussion. The company has not disclosed investment value, location, or production start dates. The factory images released by the company are conceptual renderings of the investment plan.