Will Thailand's first lithium-ion battery Gigafactory complete EV ecosystem?

Amita Technology, Thailand and ASEAN's first lithium-Ion battery gigafactory, has pledged to complete the country's electric vehicle (EV) ecosystem by developing its own battery manufacturing from upstream to downstream, says Energy Absolute, Amita Technology's parent company.

Will Thailand become an electric vehicle manufacturing hub?

The BOI is currently holding a roadshow in China to entice leading battery cell manufacturers to invest in Thailand as part of the country's plan to become an electric vehicle (EV) manufacturing hub.

Can Thailand become a leading EV hub?

"The capacity to build lithium-ion batteries is key to Thailand becoming a leading EV hub,” he said, adding that although the company is unable to smelt certain minerals as raw materials, it has developed a process for producing cells, which are the smallest and most important components of lithium-ion batteries.

Will Thailand's green economy benefit energy absolute's growth?

Chatrapon Sripratum, Energy Absolute's vice president of climate change strategy and sustainability, believes that Thailand's growing concerns about the green economy will benefit the company's growth. One of the reasons, he explained, is that batteries will play an important role in ensuring the transition to clean energy.