BANGKOK (Reuters) - Thailand has approved an investment worth 1 billion baht ($28 million) from South Korean auto maker Hyundai, the Board of Investment said on Wednesday.

The factory will start assembly of battery electric vehicles (BEV) and batteries in 2026, the board said.

($1 = 35.6200 baht)

(Reporting by Chayut Setboonsarng, Editing by John Mair)