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Thailand’s EV industry growing rapidly

Green Car Congress

According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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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.

Nissan 210
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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.

China 225
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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

The company is working to increase the performance and stable supply of cathode materials for rechargeable batteries by drawing on the strengths deriving from its handling of all steps involved, from nickel ore smelting to advanced materials manufacturing. SMM is the only refiner of E-nickel and cobalt in Japan.

Li-ion 150
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TM4 and Prestolite Electric Beijing forming JV for heavy-duty electric traction systems

Green Car Congress

TM4, a subsidiary of Hydro-Québec, and Prestolite Electric Beijing Limited ( PEBL ), have entered into an agreement for the creation of a sino-foreign equity joint venture company named Prestolite E-Propulsion Systems (Beijing) Limited (PEPS). GEN, hybrid powertrain; and. The Wheel Motor, a wheel/hub motor.

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

Baua Electric

Germany, for example, became the third country after China and the United States to record half a million new battery electric car registrations in a single year, with 18% of car sales being battery electric (and another 6% plug-in hybrid). Chinese companies accounted for 75% of electric car sales in 2022, and 45% in 2023.