2 days ago · Thailand''s electric vehicle (EV) market is set to experience a 40% increase in sales in 2025, surpassing 100,000 units, according to Suroj Sangsnit, president of the Electric
Dec 12, 2022 · Summary Chinese OEMs launching reasonable EVs, Toyota releases its first EV-dedicated model bZ4X Thailand''s electrification policy: Booking for EVs and electric
Apr 26, 2025 · Thailand Energy Storage System Market is driven by increasing renewable energy adoption, declining battery costs, and advancements in storage technologies.
Aug 29, 2024 · Near Bangkok''s Siam Square, a "BYD" new energy vehicle quietly drives by. Not far away, Japanese cars like Toyota and Honda still occupy prominent positions, but Chinese
Jun 14, 2025 · Thailand has several options to achieve net-zero carbon emissions for a better life for future generations, with hydrogen being among the renewable and sustainable solutions to
Sep 13, 2024 · Great Wall Motor (Thailand), one of the leaders in the new energy vehicle industry, showcased its vision at the 2nd International NEV Summit 2024. His in-depth analysis covered
Mar 30, 2025 · Sunwoda Electronic, a leading Chinese battery manufacturer, is set to invest over $1 billion in Thailand''s Eastern Economic Corridor to build its first EV battery cell factory in
March 26, 2025 – Toyota Motor Corporation (TMC), Toyota Motor Asia (TMA), and Siam Cement Group (SCG), in collaboration with partner companies including Toyota Tsusho Corporation
Jul 5, 2024 · On May 14, GAC Energy Technology (Thailand) Co., Ltd. was officially registered in Bangkok, focusing on the new energy vehicle charging business, including charging station
Apr 14, 2025 · According to data from the Thai Ministry of Transport and the Industrial Federation, the number of registered new energy vehicles in Thailand is expected to surpass 200,000
ASEE–ASEAN Smart Energy & Energy Storage Expo มหกรรมพลังงานอัจฉริยะและการจัดเก็บพลังงานแห่งอาเซียน
Aug 2, 2024 · Thailand Science Research and Innovation (TSRI), an agency under the Ministry of Higher Education, Science, Research and Innovation (MHESI), unveiled its tie-up with the
Under joint efforts, venture expected to give impetus to industry in SE Asia Thailand's first domestic electric vehicle battery pack production plant went into operation on Thursday. The plant, run jointly by Chinese battery cell manufacturer Gotion High-tech and Thai company Nuovo Plus, is expected to give Southeast Asia's EV industry a boost.
"This is a new start in Thailand with great vitality, as a revolution is now coming strongly with the energy storage of solar and wind power as a key role," he said, adding that the EV market in Thailand has great potential, as EVs currently constitute only a tiny portion of the country's total vehicle number.
Mr. Suroj Sangsnit, Vice President for Electric Vehicle Association of Thailand (EVAT) and Executive Vice President of SAIC Motor-CP, said that NEVs in Thailand are witnessing rapid development, while the pace of its charging infrastructure is slower than that of China. The charging points in Thailand is limited in number and unevenly distributed.
Informa Markets rebrands 'Electric Vehicle Asia' to 'MobilityTech Asia - Bangkok', positioning Thailand as a regional hub for sustainable mobility innovation, expanding business opportunities, attracting global investment, and accelerating the energy transition in the automotive industry.
The project is being conducted within the BESS area newly established on the premises of Siam Toyota Manufacturing (STM) in Thailand. Executives from TMC, TMA, and SCG, in collaboration with partner companies, celebrate the launch of the Battery Energy Storage System (BESS) demonstration in Thailand.
Official numbers from Thailand showed that the country had more than 140,000 newly registered 4-wheel EVs during the nine months to September, amounting to more than a quarter of the total 520,000 registered vehicles during the period.
The global industrial and commercial energy storage market is experiencing explosive growth, with demand increasing by over 250% in the past two years. Containerized energy storage solutions now account for approximately 45% of all new commercial and industrial storage deployments worldwide. North America leads with 42% market share, driven by corporate sustainability initiatives and tax incentives that reduce total project costs by 18-28%. Europe follows closely with 35% market share, where standardized industrial storage designs have cut installation timelines by 65% compared to traditional built-in-place systems. Asia-Pacific represents the fastest-growing region at 50% CAGR, with manufacturing scale reducing system prices by 20% annually. Emerging markets in Africa and Latin America are adopting industrial storage solutions for peak shaving and backup power, with typical payback periods of 2-4 years. Major commercial projects now deploy clusters of 15+ systems creating storage networks with 80+MWh capacity at costs below $270/kWh for large-scale industrial applications.
Technological advancements are dramatically improving industrial energy storage performance while reducing costs. Next-generation battery management systems maintain optimal operating conditions with 45% less energy consumption, extending battery lifespan to 20+ years. Standardized plug-and-play designs have reduced installation costs from $85/kWh to $40/kWh since 2023. Smart integration features now allow multiple industrial systems to operate as coordinated energy networks, increasing cost savings by 30% through peak shaving and demand charge management. Safety innovations including multi-stage fire suppression and thermal runaway prevention systems have reduced insurance premiums by 35% for industrial storage projects. New modular designs enable capacity expansion through simple system additions at just $200/kWh for incremental capacity. These innovations have improved ROI significantly, with commercial and industrial projects typically achieving payback in 3-5 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (1-2MWh) starting at $330,000 and large-scale systems (3-6MWh) from $600,000, with volume discounts available for enterprise orders.