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 […]

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.

BANGKOK – The Excise Department plans to impose a carbon tax on the energy, transport and industrial sectors to help Thailand achieve its goals of carbon neutrality by 2050 and net zero greenhouse gas emissions by 2063, as well as cut the cost of imported fuel.

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 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.

Charoen Pokphand Group—controlled by Thailand’s richest family—and Toyota Motor Corp. said Monday their joint venture will start producing hydrogen this year in the Southeast Asian country.

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.

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 […]

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.