BANGKOK, May 3 (Reuters) – Thailand is in talks with China’s CATL (300750.SZ) and other battery makers to build production facilities in Southeast Asia’s second-largest economy that has ambitions to become a regional EV production hub, a government official said.
These discussions come as Thailand, a regional autos hub, pushes to become a key player in the global electric vehicle (EV) supply chain outside of China by offering tax cuts and subsidies to drive EV adoption and production.
“We are talking to many companies, not only CATL but many companies in the battery industry,” said Narit Therdsteerasukdi, Secretary General of Thailand Board of Investment (BOI).
“This is one of our goals. That we would like to attract battery cell producers to set up their factory in Thailand.”
Narit did not give details and it was not clear how advanced the discussions were.
CATL, or Contemporary Amperex…
