GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News Thailand Aims To Become Global EV Hub, Creates EV R&D Centre Thailand Aims To Become Global EV Hub, Creates EV R&D Centre Auto News Hans | February 11, 2019 10:56 am The Thailand Ministry of Science and Technology is putting in place several plans which it hopes will eventually allow Thailand to become a global production hub for electric vehicles (EVs), reports the Bangkok Post.For a start, the Thailand Science Park, established in 2002 and is now in its second phase of development, has now been designated as an EV parts research and development centre.The ministry is also working with Thailand’s Board of Investment and the National Economic and Social Development board to come up with the necessary incentives for investors in the creation of special innovation zone (SIZ) to spur demand for EVs.Science and Technology Minister Pichet Durongkaveroj told the Thai daily that the ministry plans to coordinate with government universities to set up fuel cell training courses to be included in the area of mechanical engineering with the goal of creating EV experts."The global automobile industry is focusing on EVs and biofuel vehicles, while Thailand is a hub for one-tonne pickups and eco-car production. It's a natural fit for the country to prepare for EV output," said Pichet.Currently, the Thailand Science Park is home to four research institutes, and boasts having 2,000 full-time researchers, of which around 500 are Ph.D. scientists focusing on electronics and computers, genetic engineering and biotechnology, metal and materials technology, as well as nanotechnology.The spinoffs from the research will benefit not just the automotive sector, but can spur the development of other related sectors like renewable energy.“If the government promotes production of EV batteries, it could lead to breakthroughs in storage systems used for wind and solar power,” said Pitchet.Science Park director Janekrishna Kanatharana said the Thailand Science Park is equipped with the necessary equipment and facilities to support research for the auto-parts sector. The first phase of the science park had already reached 90 percent occupancy while the second phase, covering a total area of 300,000 square metres, is already 50 percent occupied.Several organizations in Thailand including Thailand’s oil company PTT, the Metropolitan Electricity Authority, the Provincial Electricity Authority are conducting field trials involving EVs of various sizes. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags BOI EV thailand Print Related News Full EVs May Get Tax Break In Thailand Auto News Aswan | February 19, 2019 You've got to give it to the Thai government. They have an acute awareness for what their automotive industry needs in order to propel it to greater ... Toyota Doubles Down On Thailand With 10 Billion Baht More Auto News Aswan | February 26, 2019 It's more Board of Investment (BoI) news from up north. Toyota Motor Thailand has announced that they've submitted yet another plan to Thailand's ... Toyota Motor Thailand Submits EV And Hybrid Investment Plans To BoI Auto News Aswan | February 11, 2019 If you think bureaucracy is something that Malaysia has a monopoly on, think again. We may bemoan the hoops that manufacturers have to jump through ... Thailand Mulls Overhauling Excise Duties To Boost EV Car Sales Insights Arvind | December 17, 2020 The Thai Excise Department is considering a total revamp of the automotive excise duty tax structure to boost the sales of EVs and reduce the ... Comments
Thailand Aims To Become Global EV Hub, Creates EV R&D Centre Auto News Hans | February 11, 2019 10:56 am The Thailand Ministry of Science and Technology is putting in place several plans which it hopes will eventually allow Thailand to become a global production hub for electric vehicles (EVs), reports the Bangkok Post.For a start, the Thailand Science Park, established in 2002 and is now in its second phase of development, has now been designated as an EV parts research and development centre.The ministry is also working with Thailand’s Board of Investment and the National Economic and Social Development board to come up with the necessary incentives for investors in the creation of special innovation zone (SIZ) to spur demand for EVs.Science and Technology Minister Pichet Durongkaveroj told the Thai daily that the ministry plans to coordinate with government universities to set up fuel cell training courses to be included in the area of mechanical engineering with the goal of creating EV experts."The global automobile industry is focusing on EVs and biofuel vehicles, while Thailand is a hub for one-tonne pickups and eco-car production. It's a natural fit for the country to prepare for EV output," said Pichet.Currently, the Thailand Science Park is home to four research institutes, and boasts having 2,000 full-time researchers, of which around 500 are Ph.D. scientists focusing on electronics and computers, genetic engineering and biotechnology, metal and materials technology, as well as nanotechnology.The spinoffs from the research will benefit not just the automotive sector, but can spur the development of other related sectors like renewable energy.“If the government promotes production of EV batteries, it could lead to breakthroughs in storage systems used for wind and solar power,” said Pitchet.Science Park director Janekrishna Kanatharana said the Thailand Science Park is equipped with the necessary equipment and facilities to support research for the auto-parts sector. The first phase of the science park had already reached 90 percent occupancy while the second phase, covering a total area of 300,000 square metres, is already 50 percent occupied.Several organizations in Thailand including Thailand’s oil company PTT, the Metropolitan Electricity Authority, the Provincial Electricity Authority are conducting field trials involving EVs of various sizes. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags BOI EV thailand
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Full EVs May Get Tax Break In Thailand Auto News Aswan | February 19, 2019 You've got to give it to the Thai government. They have an acute awareness for what their automotive industry needs in order to propel it to greater ...
Toyota Doubles Down On Thailand With 10 Billion Baht More Auto News Aswan | February 26, 2019 It's more Board of Investment (BoI) news from up north. Toyota Motor Thailand has announced that they've submitted yet another plan to Thailand's ...
Toyota Motor Thailand Submits EV And Hybrid Investment Plans To BoI Auto News Aswan | February 11, 2019 If you think bureaucracy is something that Malaysia has a monopoly on, think again. We may bemoan the hoops that manufacturers have to jump through ...
Thailand Mulls Overhauling Excise Duties To Boost EV Car Sales Insights Arvind | December 17, 2020 The Thai Excise Department is considering a total revamp of the automotive excise duty tax structure to boost the sales of EVs and reduce the ...