Aims to be a leading EV firm in Thailand Newly established Rever Automotive Co, the sole distributor of electric vehicles (EVs) produced by Chinese automaker BYD, has allocated an investment budget of 3 billion baht to develop an EV business as it looks forward to becoming a leading EV company in Thailand. The money will be spent on more car purchases from China as well as running marketing plans in Thailand, said Pratarnwong Phornprapha, chief executive of Rever Automotive. “The company has joined hands with BYD to import its EVs for sale in the Thai market,” he said. Rever Automotive, which …