EV battery
- Business News
Thailand amps up EV efforts to recharge used battery market
Thailand is intensifying its efforts to boost the electric vehicle (EV) supply chain with new investment incentives targeted at the repair and refurbishment of used EV batteries, according to the Board of Investment (BoI). The BoI introduced a new investment promotion category for service centres specialising in the repair, repacking, and reuse of used EV batteries. This initiative is part…
- Automotive
Can mass-market electric vehicles turn a profit by 2025
As the electric vehicle (EV) sector evolves, a pivotal question arises: Are mass-market electric cars financially viable? Recent studies illuminate this inquiry, indicating that the automotive manufacturing landscape is poised for a substantial shift. By 2025, decreased production and battery costs are expected to render smaller, more affordable EVs not only feasible but also profitable for European car manufacturers. We’re…
- Business News
Thailand likely to house major EV battery factory within two years
The Board of Investment (BoI) anticipates the establishment of a substantial facility for the manufacturing of battery cells for electric vehicles (EVs) in Thailand within a two-year timeframe. This projection follows a promotional roadshow conducted by the BoI in China just last week. Narit Therdsteerasukdi, the BoI Secretary-General, explained that this roadshow emphasised the benefits and incentives being offered to…
- Business News
Thai EV sales surge by 603% amid government incentives
Battery electric vehicles (BEVs) sales in Thailand surged by 603% year-on-year to 73,568 units last year, with the upward trend expected to continue throughout this year, as per the Federation of Thai Industries (FTI). This growth is expected to outstrip that of internal combustion engine (ICE) vehicles, which witnessed a 13.7% year-on-year sales decline to 238,570 units in 2023, capturing…
- Automotive
How to handle a drained EV battery and avoid future incidents
Finding yourself with a drained EV battery can be a stressful moment, especially if you’re far from home. But don’t worry, there are several steps you can take to get back on the road. Whether you’re a seasoned electric vehicle owner or new to the EV scene, knowing what to do in this scenario is crucial. First off, it’s important…
