Nezha Auto Secures Credit Line of Approximately RMB 2.15 Billion from Thai Financial Institutions
2025-03-21 / Read about 0 minute
Author:小编   

On March 21, Nezha Auto successfully held a dealer conference in Bangkok, Thailand, following its event on March 20. During the conference, Nezha Auto reached four pivotal agreements with local suppliers and financial institutions, securing a total credit line of 10 billion Thai baht (equivalent to approximately RMB 2.15 billion). Notably, Nezha Auto inked a cooperation framework agreement with NLTH (Thailand), a prominent automotive financial institution in the country. The two parties aim to embark on comprehensive collaboration in both wholesale and retail sectors.

Furthermore, Nezha Auto signed a strategic cooperation agreement with BGAC, a local contract manufacturing enterprise. BGAC has pledged to continue providing production support to Nezha Auto over the next five years and intends to commence localized production of the Nezha X model in July this year. This move underscores the ambition to establish Thailand as Nezha Auto's export hub in Southeast Asia.