Wednesday, May 1, 2024

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Thailand Strengthens EV Support Program to Promote Battery Innovation

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The EV Board in Thailand has approved new measures to promote investment in battery cell production and energy storage systems. This move aims to attract leading battery manufacturers to invest in the country, further strengthening Thailand’s position in the electric vehicle market. By incentivizing investment in battery innovation, Thailand hopes to become a hub for cutting-edge technology and production in the industry.

The measures approved by the EV Board will support and promote the development of battery cell production and energy storage systems in Thailand. This initiative is part of the country’s broader strategy to boost its electric vehicle sector and attract more investments from leading players in the industry. With a focus on innovation and technology advancement, Thailand is positioning itself as a key player in the global electric vehicle market.

The EV Support Program in Thailand has been strengthened to encourage battery innovation and investment in the country. By offering incentives and support to manufacturers, Thailand aims to become a leading hub for battery production and energy storage systems. This move will not only benefit the local economy but also contribute to the growth and advancement of the electric vehicle industry on a global scale.

Source link : Thailand Strengthens EV Support Program to Promote Battery Innovation


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