Thailand Invests in Electric Vehicles; Attracts US Specialist

Mar 2021

Aiming for a zero-carbon future, Thailand is currently developing long-term strategies to present at the 26th session of the United Nations climate change conference (COP26), which will take place in Glasgow, Scotland later in 2021.

Over the past 7 years, the South East Asian nation has drafted several plans and programs which serve as the architecture towards this goal, namely the Climate Change Master Plan (CCMP), the Power Development Plan (PDP), the Alternative Energy Development Plan (AEDP), and the Energy Efficiency Plan (EEP).

In in context, the Thai government is setting ambitious goals for the development of the electric vehicles (EVs) in the country. Seizing the opportunity, EVLOMO Inc., a Florida-based company working in the EV sector, has recently announced plans to roll out a network of EV chargers across Thailand.

Accordingly, EVLOMO will invest USD 50 million and install more than 1,000 new fast chargers over the next five years, using IoT & AI technology. This move will help to accelerate widespread EV adoption, unlock new EV customer segments, and support a holistic EV ecosystem in Thailand.

(Sources: Bangkok Post; EVLOMO)