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Saturday, May 4, 2024

Japan provides the key to open Thai EV door

PM Prayut Chan-o-cha says Japan holds the key to Thailand becoming world’s largest electric vehicle production hub.

The Thai PM yesterday told the 27th International Conference on the Future of Asia, organized by Nikkei Inc, in Tokyo, that with Japan’s support and investment Thailand could realise its EV dream.

The 68 year old revealed plans to upgrade the country’s digital technology and transport sectors, to enable investment in the Eastern Economic Corridor, which the government predicts will be a hub for advanced industries.

The government believes by becoming a hub for EV products it will help the nation meet its goal of becoming a carbon-neutral economy by 2050 and reaching net-zero emissions by 2065.

This is the second time this month Prayut has met Japanese PM Fumio Kishida. Kishida was in Thailand on May 2 and offered a 14 billion baht loan to help fund the…

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