PTT has its own plans to assemble EVs, produce batteries, expand EV charging facilities and provide EV rental services, all of which are making good progress, according to Mr Auttapol. PTT and Foxconn are jointly developing an EV production facility worth US$1-2 billion in the Eastern Economic Corridor. Thailand is the third country with a semi-solid battery production facility in Asia after China and Japan. CHARGING FACILITIESMr Auttapol sees a crucial need to develop more EV charging facilities in order to fuel the growth of the domestic EV industry. This prompted PTT, together with manufacturers of cars and EV chargers, to invest in developing and expanding EV charging infrastructure.

Source: Bangkok Post September 16, 2022 23:02 UTC