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- by manilatimes.net
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Mazda Motor Corp. to Invest 5 Billion Baht to Make Thailand its Electrified Compact SUV Manufacturing Hub
BANGKOK, Feb. 13, 2025 /PRNewswire/ -- During a meeting with Thailand's Prime Minister, Ms. Paetongtarn Shinawatra, in Bangkok today, Mr. Masahiro Moro, President and CEO of Mazda Motor Corporation announced that the company will invest an additional 5 billion baht (ca US$150 million) in the country to establish Thailand as the manufacturing hub of its electrified compact sport utility vehicle (SUV) product line, for sales in the domestic as well as export markets, a move that reaffirms Mazda's commitment and strong relationship with Thailand.