Energy Ministry Considers Setting New EV Production Target

[rooster59]

Energy Ministry Considers Setting New EV Production Target

Subhabhong Rarueysong

BANGKOK (NNT) - The National Electric Vehicle Policy Committee is considering setting a new electric vehicle (EV) production target, with EVs making up half of all car manufacturing by 2030. The goal is in line with the global trend of reducing carbon dioxide emissions from all new cars.

Energy Ministry Permanent Secretary Kulit Sombatsiri said the government will discuss the new EV target with state agencies and car manufacturers within this month as global car companies have asked the government whether the new target is possible.

The new target, pushed by major automakers in Thailand, comes as state agencies and power companies are trying to relieve concerns over an insufficient number of EV charging facilities and prolonged charging times.

He said high prices are also a major obstacle for prospective EV buyers, but EV technology is growing rapidly and prices will become more affordable over time. The government expects the prices of EVs to equal internal combustion engine vehicles by the end of 2040.

-- © Copyright NNT 2021-03-14

 

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[mikebell]

Just now, rooster59 said:

the government will discuss the new EV target with state agencies and

those in the know; the super-rich; VIPs; the Connected.

[Geoffggi]

3 hours ago, rooster59 said:

The National Electric Vehicle Policy Committee is considering setting a new electric vehicle (EV) production target, with EVs making up half of all car manufacturing by 2030

What needs to be well under completion prior to this happening is either the modifications to existing filling stations or build specific stations to facilitate safe and fast charging, then people will be more inclined to purchase EV's.

[Partenavia]

As usual all talk and no action.