Thai Subcon, Japanese SMEs team up on EV scheme

Thai Subcon, Japanese SMEs team up on EV scheme

The Thai Subcontracting Promotion Association (Thai Subcon) is cooperating with Japanese small and medium-sized enterprises (SMEs) to study and develop a plan to produce parts for electric vehicles (EVs).

The move is aimed at serving the public transport sector in the near future after Thailand adopts EVs in public transport, president Somkiat Chupukcharoen said.

He said Thai Subcon recently signed a memorandum of understanding (MoU) with Japanese SMEs to study the EV system in several Japanese prefectures including Yamanashi, Tottori and Nagano.

The move is aimed at producing EV parts at economised costs when the system is launched in Thailand.

"Japanese SMEs are interested in investing in EVs in Thailand and will also help to transfer EV technology to this country," Mr Somkiat said.

He said most of the Japanese SMEs were made-to-order suppliers of major car makers.

Since the Japanese SMEs deploy innovative technology, the cooperation will help to upgrade EV technology here.

Thai Subcon expects to seek more opportunities to benefit from greater demand over the next five years, when Thailand is due to switch to EVs from fuel cars.

Energy Minister Narongchai Akrasanee earlier said his ministry would amend regulations and laws related to fuel retailers and electricity transmission to allow access to electricity chargers at petrol stations.

The policy is expected to help boost the sales of EVs at home, which will attract car makers to choose Thailand as a production base.

The ambitious EV pilot project involves several car-related bodies including national oil and gas conglomerate PTT Plc and the Metropolitan Electricity Authority, whose seven electricity chargers are available for testing.

Those chargers are located in Bangkok, Ayutthaya, Chon Buri and Rayong.

The Board of Investment is also lending full support to EV projects, as the government wants EVs to be a new product champion of Thailand.

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