Thailand: The Emerging Hub for Electric Vehicle Battery-Makers
Thailand, often hailed as the “Detroit of Asia,” has been an attractive destination for automobile manufacturers for years. Companies like Toyota Motor and Ford Motor have set up operations in the country, contributing to its reputation as an auto hub. Now, as the world accelerates its shift towards electric vehicles (EVs), Thailand aims to stay […]
Surfing the global electric vehicle wave
Arsjad Rasjid, chairman of Asean Business Advisory Council (Asean-BAC) and chairman of the Indonesian Chamber of Commerce and Industry (Kadin), has shared his opinions about the electric vehicle industry in which Thailand and Indonesia can work together to establish an efficient and resilient supply chain in Southeast Asia for the global EV industry.
Svolt building EV battery plant in Thailand
Chinese battery manufacturer Svolt Energy Technology (Svolt) has begun construction of a plant in Thailand to make battery packs for electric and hybrid vehicles.
Thailand’s investment proposals rise with EV interest
Thailand’s investment promotion scheme for the first half of 2023 was up by almost 70pc from a year earlier to 364.4bn Thai baht ($10.37bn) of proposals, led by the growth in targeted industries like the electronic and auto sectors.
Businesses need to accelerate their existing adoption of digitisation, electrification and automation in an effort to curb climate change and gear towards sustainability.
BPP keen on free power trade pipeline
Costly electricity bills create a financial burden for the public, but also accelerate momentum for the establishment of free power trade in Thailand.
Renewables, Energy Cooperation
EGAT and network partners announced their collaboration to implement the royal initiatives of His Majesty the King for taking care of the society, community, and environment, supporting energy efficiency, and raising the standard of Thai youth; to help drive Thailand toward a sustainable low carbon society.
Jump-starting Thailand–Indonesia electric vehicle collaboration
A former Indonesian minister of tourism once called Thailand and Indonesia ‘sparring partners’. This can be applied not only to tourism but also other sectors, especially automotive manufacturing. The shift towards electric vehicles (EVs) has changed the competition between the two countries in this sector. Both countries have enthusiastically welcomed full-battery EVs more than other […]
Gas supply on an upward trajectory
Thailand’s domestic gas supply has increased as production from the Erawan gas block in the Gulf of Thailand has risen to 400 million standard cubic feet per day (MMSCFD) from 210 MMSCFD earlier this year, according to the Department of Mineral Fuels.
Rondo announces 90 GWh heat battery factory
Rondo Energy, developer of the Rondo Heat Battery, announced it has partnered with Siam Cement Group to expand its factory to a 90 GWh capacity. The Thailand facility currently produces 2.4 GWh of industrial heat batteries and is planned to be expanded to the largest battery factory in the world.