Thailand s new energy storage vehicle

Will Thailand's first EV battery production plant boost EV industry?

Under joint efforts, venture expected to give impetus to industry in SE Asia Thailand's first domestic electric vehicle battery pack production plant went into operation on Thursday. The plant, run jointly by Chinese battery cell manufacturer Gotion High-tech and Thai company Nuovo Plus, is expected to give Southeast Asia's EV industry a boost.

How can Thailand meet EV truck demand?

Thailand seeks advanced upstream electric vehicle products and energy storage systems to meet surging EV truck demand.

Is Thailand a good place to export electric truck products?

The electric truck sector is still developing in Thailand and Thailand’s battery manufacturers lack advanced technology for upstream production at a cellular level. This presents a great opportunity for exporters of advanced upstream electric vehicle products and energy storage systems.

How will sunwoda support Thailand's EV industry?

Thailand's EV ecosystem is expanding rapidly, supported by a growing network of charging stations, local charger production, car part manufacturing and the assembly of battery packs and modules. Integrating Sunwoda's battery cell production into the supply chain will further solidify Thailand's position as Asia's leading EV production hub.

Are EVs a new start in Thailand?

"This is a new start in Thailand with great vitality, as a revolution is now coming strongly with the energy storage of solar and wind power as a key role," he said, adding that the EV market in Thailand has great potential, as EVs currently constitute only a tiny portion of the country's total vehicle number.

Why are electric buses and trucks becoming more popular in Thailand?

The Thai government’s initiatives to promote greener transportation and reduce CO2 emissions are driving demand for electric buses and trucks in Thailand. The Electric Vehicles Association of Thailand reports that registrations of new battery electric vehicles (BEV) grew 380 percent from 20,816 units in 2022 to 100,219 units in 2023.