Development of the electric vehicle (EV) industry is gaining momentum as state and private sectors are working to translate plans to make Thailand a major EV production hub into actions. The state and private sectors efforts to build the EV industry are taking shape, bringing Thailand closer to the goal of being an EV production hub. PTT subsidiaries unveiled "G-Box", a 150 kilowatt-hour battery energy storage system developed to work in tandem with EV charging outlets. BRIGHT EXPORT PROSPECTSThe net-zero campaigns in many countries will help bolster EV exports while higher levels of EV production will reduce car prices. Echoing Mr Yossapong's positive view, Ms Payouw believes the goal to become an EV production hub is possible.

Source: Bangkok Post October 25, 2021 00:32 UTC