Neoenergy Breaks Ground on 35,000-Square-Metre Steel-Wheel Plant in Rayong
Neoenergy Autotech broke ground on its second manufacturing plant in Thailand at WHA Industrial Estate Rayong. The approximately 35,000-square-metre project is intended to improve steel-wheel production efficiency. A February 2025 release expected production by year-end but provides no follow-up proof of operation.
The planned facility uses advanced design to improve steel-wheel manufacturing and reduce carbon emissions for automotive-component markets. Groundbreaking and project intent are confirmed; a past expected date alone does not establish operating status.
The source gives no investment value, distinction between land and building area, annual design capacity, customers, exports or employment. The 35,000-square-metre figure is retained only as the project scale stated in the release.
Note: This article is based on the listed public sources and is not investment, legal, tax or compliance advice. Thailand tax, VAT, WHT, BOI, customs, e-Tax or PDPA interpretations and responsibilities must be reviewed for the actual project by qualified professionals in Thailand.