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October 15, 2020

Thailand moves towards standard EV recharging network

Thailand is moving towards adopting a common standard for its electric vehicle (EV) recharging infrastructure, a move which would make facilities more widely available for individual motorists.

By bcusack

Thailand is moving towards adopting a common standard for its electric vehicle (EV) recharging infrastructure, a move which would make facilities more widely available for individual motorists.

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According to local reports, a total of 80 recharging stations have been installed in Thailand since 2016 by 11 different operators, including state owned and private companies, supported by grants made available by the state owned Energy Conservation Fund. But the various networks use different standards designed to support different types and brands of vehicles which is seen as hindering the segment's overall growth potential.

As part of a trial scheduled to begin early next year, recharging operators will begin integrating their different charging systems into a single standard using radio frequency identification technology.

The move is supported by the Electric Vehicle Association of Thailand (EVAT), with its president Krisda Utamote telling reporters this week "we want EV charging outlets to be run under a single standard. They need to be managed on the same platform and a mobile application should be developed for all motorists to use".

Utamote added "different EV types from China, Japan and Europe should be able to use the same recharging platform similar to the way different debit cardholders withdraw money from ATMs and motorists fill their cars at petrol stations".

The Thai government is currently looking into ways of bringing down the cost of electric vehicles by reducing duty on imported parts used to assemble EVs in the country. Other measures are also expected to be introduced to reduce prices, including excise tax incentives.

The government wants to establish a regional production base for EVs, accounting for around 30% of the 2.5m vehicles projected to be produced in the country by 2030.

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What does the future hold for the US electric vehicles market?

The US Electric Vehicles (EV) market has established itself as one to watch. Despite China maintaining the number one spot, the US holds significant standing as one of the major EV markets, with GlobalData’s whitepaper identifying a strong growth trajectory within the forecast period. This report further analyzes the trends, market drivers, and government incentives set to influence and facilitate the market.   This report also looks beyond the US and touches on environmental concerns set to drive the EV market worldwide.   Want to find out more? This report demonstrates GlobalData Explorer’s sector analysis capabilities, showing how you can:  
  • Get historical and forecast market sizing data, with country specific insight for 22+ of the world’s largest industries
  • Track sector dealmaking activity, to view aggregate volumes, specific deals and top investors for all major deal types in M&A, Capital Raising, and Partnerships
  • Analyze news from GlobalData Explorer’s News Database – enable screening and alerts by industry, company, geography and news sentiment for filtered insight
  • Identify and track the key disruptive trends that are keeping the top digital thought leaders talking through social media analytics
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