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.

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.

The world’s largest rooftop solar panel installation on a single facility, measuring 100,000 square meters—the size of over 18 football pitches—is under construction for Falken at its parent company, Sumitomo Rubber Industries (SRI) factory in Thailand.

Hozon Auto’s Chinese electric car subsidiary Neta started constructing its first production facility outside China. The facility in Bangkok is scheduled to go into operation at the end of January 2024. The new plant will become Neta’s key location for manufacturing and exporting right-hand drive electric cars to ASEAN countries.

RAYONG, Thailand, March 10 (Xinhua) — China’s leading electric vehicle manufacturer BYD held a groundbreaking ceremony on Friday for its first car plant in Thailand, marking the latest move by Chinese automakers to expand their footprint in Southeast Asia.

The US Trade and Development Agency (USTDA) has granted funds to the Thai Ministry of Transport’s Office of Transport and Traffic Policy and Planning (OTP) to improve Thailand’s supply chain and reduce carbon emissions in its freight transportation system.

Thailand’s average headline inflation in February was at 3.79%, the lowest in 13 months, following a drop in fuel prices, the Commerce Ministry’s Trade Policy and Strategy Office (TPSO) said on Tuesday (March 7).

Japanese shipping giant, Mitsui O.S.K. Lines (MOL) has signed a Memorandum of Understanding (MoU) to build a clean hydrogen and ammonia value chain derived from renewable energy sources in southern Thailand. The MoU was signed with Mitsubishi Thailand, Chiyoda, and Electricity Generation Authority of Thailand (EGAT), Thailand’s state-owned power generation company.

Asia Pacific-focused Jadestone Energy has completed the deal to acquire stakes in the Sinphuhorm gas field and Dong Mun gas discovery onshore Thailand, it said on February 23. The deal was announced last month.

In the Thai capital of Bangkok, 1,250 electric buses are currently set to replace old diesel buses. Within three years, the number of electric buses in the Bangkok metropolitan area is to be increased to 8,000.