Who is Thai Energy Storage Technology plc?
THAI ENERGY STORAGE TECHNOLOGY PLC. formerly known as Thai Storage Battery Company Limited, was founded in 1986 and became a public company limited in 1994. It later became a member of the Hitachi Chemical Group in September 2017 and changed its name to 'Hitachi Chemical Storage Battery (Thailand) Public Company Limited' on 3rd January 2019.
Will NV gotion build a Gigafactory in Thailand?
The plant will have an initial 1GWh annual production capacity before quickly ramping up to double that by 2025. Image: NV Gotion. Gotion High-Tech’s local subsidiary aims to build a battery pack and module gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.
How much EV capacity will Thailand have?
The annual capacity will increase to 4GWh as Thailand is expected to gradually shift from oil-powered car manufacturing to EV production, he said. The company earlier received orders to assemble 500 buses and has already delivered 100 of them to buyers. Delivery of the remaining buses is scheduled for early next year.
How many electric buses are there in Thailand?
He said Thailand has registered around 10,000 buses each year. However, the number fell to 7,000 last year. The company saw an opportunity in the electric bus business as many buses are ageing and the government is promoting EVs as part of efforts to fight climate change.
What is EA doing in Bangkok?
The company is operating a commercial service of electric boats, with a fleet of 40 boats serving commuters along the Chao Phraya River in Bangkok. In the long term, EA plans to produce stationary batteries for renewable power plants, many of which are facing the intermittency of energy sources such as the sun and wind.
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THAI ENERGY STORAGE TECHNOLOGY PLC.
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