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Monday, May 6, 2024

South Korean EV manufacturers preparing to plug into Thailand

About 20 South Korean businesses from the Korea Smart E-Mobility Association (KEMA) and Kang Jong-man, mayor of Yeonggwang-gun, recently met with BOI representatives to discuss EV investment in Thailand, BOI secretary-general Narit Therdsteerasukdi said on Friday.

The BOI also invited Thai companies to join the session to discuss future business cooperation, including Panus Assembly Co and Next Point Plc, which are engaged in commercial EVs and buses.

Yeonggwang-gun is South Korea’s leading e-mobility city and is the first city where policies were changed to increase EV usage. It now has the highest rate of EV usage in South Korea.

Narit said the meeting helped shape the future of South Korea’s investment in the EV industry in Thailand to cover more products other than passenger cars. These products are, for example, EV motorcycles and scooters, EV for agricultural uses, and…

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