BANGKOK : Thailand is in talks with China's CATL and other battery makers to build production facilities in Southeast Asia's second-largest economy that has ambitions to become a regional EV production hub, a government official said.These discussions come as Thailand, a regional autos hub, pushes to beco
BANGKOK : Thailand is in talks with China's CATL and other battery makers to build production facilities in Southeast Asia's second-largest economy that has ambitions to become a regional EV production hub, a government official said.
"This is one of our goals. That we would like to attract battery cell producers to set up their factory in Thailand."CATL, or Contemporary Amperex Technology Co Ltd, did not immediately respond to a request for comment. ARUN PLUS, the PTT subsidiary, is part of a joint venture with Taiwan's Foxconn that is building a facility with a goal of manufacturing EVs in Thailand as early as 2024.Thailand is the tenth-largest auto manufacturing economy with production dominated by Japanese automakers including Toyota and Isuzu.
But Thailand wants to attract EV suppliers as well as assembly plants, including local production of batteries and other key components, like chargers, Narit said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philippines, China to discuss fishing rights in South China Sea, says MarcosThe Philippine president is also seeking a “direct communication line” with Beijing. Read more at straitstimes.com.
Read more »
Chicken rice battle: Thai woman says Bangkok's version is better than Singapore’sChicken rice is considered a culinary treasure in Singapore, so it is no surprise that you can find superb versions of it here. Or so we thought. Thai graphic designer Bonita Nongluk took it upon herself to see which city has the best chicken rice: Singapore or Bangkok? In the 84-second clip Bonita posted on TikTok, she mentioned that she...
Read more »
Young Thai protesters hope for 'game changer' electionBANGKOK: Three years ago, Panusaya Sithijirawattanakul was on the front lines of Thailand's democracy movement as thousands of young protesters clashed with police firing teargas and rubber bullets on the streets of Bangkok. The movement shook the kingdom with its calls for reform and unprecedented demands
Read more »
Thai exports seen up 1% this year - shippers' groupBANGKOK : Thailand's exports are likely to rise 1 per cent this year as China's economy has started to recover, the Thai shippers' council said on Tuesday.Exports, a key driver of Thai growth, were not as weak expected in the first quarter and should improve in the remaining months of the year, Chaichan C
Read more »
Thailand's April headline inflation lowest in 16 months, to drop furtherBANGKOK : Thailand's headline inflation dropped to its lowest in 16 months in April thanks to lower energy and food prices and a high base in 2022, the commerce ministry said on Wednesday.The headline consumer price index (CPI) rose 2.67 per cent in April from a year earlier, close to a rise of 2.70 per c
Read more »
Thailand’s leading PM candidate stays in election race after giving birthMs Paetongtarn Shinawatra says she is ready to return to campaigning and remains confident of a landslide victory. Read more at straitstimes.com.
Read more »