NEX Becomes Sole BAW M8 Distributor in Thailand

MGR Online•Economy•10d ago

Reader Briefing

NEX Point is appointed the sole distributor for the BAW M8 electric MPV in Thailand, expanding its electric vehicle portfolio.

•NEX Point (NEX) has signed an agreement with Beijing Automobile Works (BAW) to become the exclusive distributor of the BAW M8 electric MPV in Thailand.
•The BAW M8, an electric MPV with a range of 505 km, will target the fleet market, including corporate clients, hotels, and airport transfer services.
•This move aligns with Thailand's government policy to promote electric vehicles, aiming for 30% EV adoption by 2030.

Overview

•NEX Point (NEX) signed an agreement with Beijing Automobile Works (BAW) to become the exclusive distributor for the BAW M8.
•NEX Point (NEX) will be the sole distributor of the BAW M8 passenger MPV EV model in Thailand.
•Wasu Klomgliang stated the collaboration with BAW is a significant step for NEX to expand its electric vehicle lineup into the Passenger MPV EV segment.
•The BAW M8 targets the fleet market, catering to corporations, executives, hotels, and airport transfer services.
•This expansion aligns with the Thai government's 30@30 policy, aiming for 30% electric vehicles by 2030.
•In 2025, the MPV-VAN segment in Thailand had sales of approximately 19,841 units, with EVs and PHEVs comprising around 35% of that market.
•The BAW M8 EV features an 81 kWh LFP battery offering a CLTC range of 505 kilometers.
•The price of the BAW M8 will be revealed in May.
•Wasu Klomgliang highlighted that NEX's appointment as exclusive distributor reflects international partners' confidence in NEX's market understanding and EV business development capabilities.

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Key Quotes

Wasu Klomgliang

"The collaboration with BAW is a significant step for NEX in expanding its electric vehicle lineup, moving from its strength in buses and commercial EVs to the Passenger MPV EV segment."

ความร่วมมือกับ BAW ถือเป็นก้าวสําคัญของ NEX ในการขยายไลน์อัพยานยนต์ไฟฟ้า จากปัจจุบันที่ NEXแข็งแกร่งในกลุ่มรถโดยสารและรถไฟฟ้าเชิงพาณิชย์ สู่กลุ่มรถยนต์นั่งไฟฟ้าเอนกประสงค์ Passenger MPV EV

Wasu Klomgliang

"Being trusted by BAW to be the exclusive distributor of the BAW M8 in Thailand reflects the confidence international partners have in the company's potential."

การได้รับความไว้วางใจจาก BAW ให้ NEX เป็น Exclusive distributor และผู้จัดจําหน่าย BAW M8 แต่เพียงผู้เดียวในประเทศไทย สะท้อนถึงความเชื่อมั่นที่พันธมิตรต่างประเทศมีต่อศักยภาพของบริษัท

Key Entities

Organization

NEX Point(เน็กซ์ พอยท์)

The company appointed as the exclusive distributor for the BAW M8 in Thailand.

NEX

Abbreviation for NEX Point, the company appointed as the exclusive distributor for the BAW M8 in Thailand.

Beijing Automobile Works(BAW)ℹ️

The Chinese manufacturer of vehicles that has appointed NEX Point as its exclusive distributor for the BAW M8 in Thailand.

Beijing Automobile Worksℹ️

The Chinese manufacturer of vehicles that has appointed NEX Point as its exclusive distributor for the BAW M8 in Thailand.

Person

Wasu Klomgliang(วสุ กลมเกลี้ยง)

The Chairman of NEX Point who commented on the partnership with BAW and the strategic importance of the BAW M8.