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Thailand’s EV industry growing rapidly

Green Car Congress

The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Electric vehicle battery production is growing in Thailand, with manufacturing plants operated by SAIC, Honda, Toyota and a recently announced Mercedes production facility.

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Sumitomo Metal Mining to boost production of NCA for Li-ion batteries by 38%; targeting Tesla Model 3

Green Car Congress

SMM is targeting supplying Tesla with the battery materials for the Model 3 being released next year. To meet earlier demand for batteries for the Model S, in 2014, SMM ramped up production of lithium nickel oxide from 300 tons per month to 850 tons; that subsequently expanded in 2015 to the current 1,850 tons per month.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Customers in the Philippines, Thailand and Indonesia emerged as the most enthusiastic about electric cars. Nissan is also exploring launch in Indonesia and Philippines. A significant presence of full hybrids in Malaysia and Thailand skews association of EVs with hybrids. Range anxiety is the main barrier.

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TM4 China JV receives order for 200 SUMO HD electric powertrains from Foton

Green Car Congress

has received an order for more than 200 SUMO HD electric powertrains from Foton, one of Chinas largest bus manufacturers. The TM4 SUMO systems are optimized for medium-and heavy-duty electric and hybrid vehicles such as 6-18 meter buses, delivery trucks, shuttles, tow tractors and more.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. New subsidies, including for domestic battery manufacturing, and lower import and excise taxes, combined with the growing presence of Chinese carmakers, have contributed to rapidly increasing sales.