Thailand sets 24 billion baht budget to subsidize domestic EV Battery Production

The state subsidy is expected to help manufacturers cut production costs, which in turn would make EVs more affordable in the domestic market.

Reshoring China Production to Thailand: Key Sectors that Benefit

Thailand is benefitting from Sino-US trade tensions with several Chinese-based firms relocating part of their supply chain to Thailand, especially for electronics, chemicals, and automotive

Parts Shortages hit Thai auto manufacturing, sales and exports

Production, local sales, and export of cars and motorcycles decreased by 31.79% in April compared to March, due to a shortage of parts that caused manufacturers to delay production.

What is Vietnam’s Mining Capacity for EV Batteries?

From automobiles to mobile electronic devices, lithium-ion batteries have become the energy storage solution of choice for many manufacturers.

Better design of roads can save lives

Road accident-related deaths cause massive losses, about four billion baht, or around six million baht/case, each year in Thailand. The loss is much higher if we include injuries, with many paralysed, and the psychological impact on the families of the deceased and those injured.

How can emerging economies navigate the mobility transition?

Some of the ASEAN countries have a growing auto industry. The sector accounts for around 10% of GDP in Thailand and Indonesia, which indicates there is room for growth in India, where it accounts for 7.2% of GDP.

Which emerging markets are looking to bolster electric vehicle production?

Thailand is not alone in the region when it comes to building up its EV capacity, with Indonesia also unveiling a series of measures in recent years.