24 Billion Baht Allocated to Boost EV Battery Production

[webfact]

 

by Natthaphon Sangpolsit

BANGKOK (NNT) - The government has set aside a budget of 24 billion baht to subsidize domestic manufacturing of battery cells for electric vehicles (EVs).

 

Energy Minister Supattanapong Punmeechaow said the subsidy is one of the measures agreed upon by the National Electric Vehicle Policy Committee at its first meeting of the year.

 

The state subsidy is expected to help manufacturers cut production costs, which in turn would make EVs more affordable in the domestic market.

 

Additionally, the committee will implement other measures such as a reduction in excise tax for EV battery-makers, from 8% to 1%.

 

These incentives are expected to boost domestic production of EV battery cells, with the goal of developing a complete manufacturing base for EVs in Thailand.

 

However, the energy minister warned that these subsidies will be distributed on a “first-come, first-served” basis due to the limited budget.

 

The ministry added that owing to a number of positive factors, Thailand has drawn the attention of many leading battery manufacturers to set up their factories in the country.

 

Those factors include a clear government policy on EVs, surging domestic demand for EVs and massive investment by Chinese and European EV-makers.

 

Source: https://thainews.prd.go.th/en/news/detail/TCATG230205170148349

 

-- © Copyright NNT 2023-02-06

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

[Jerno]

24 Billion is a great opportunity with lots if room for you know what...

[Boomer6969]

How many lead-acid batteries can you get for 24 Billion Baht?

 

 

[jaywalker]

Off w/ the RTA many years back. My company (AM General - manfacturer of the military HUMVEE truck), had sent them a new model of engine, that I helped them install on a 1988 model truck.

 

They wanted to do a 1,000 km test drive, which wound up being quite the trip and more like 2,000 km.

 

Regular old caravan of us, replete with 4 contractors (me & 3 locals), plus 8 or 10 RTA troops.

 

We left the Army base in Korat, and drove a whopping 2-3 miles, and they ran out of fuel. Off to a ROARING START!!!

 

We headed towards Chiang Rai (once the DUMMIES topped off the fuel tank).

 

They had some Lt. Colonel running the show & we drove till around 10:00 PM the first night. The driver of the HUMVEE called us and said he couldn't breathe! Some kind of fumes were overcoming his lungs.

 

I got a whiff of the interior of the truck and knew is was full of battery acid fumes.

 

I checked the output on the alternator & it was perfect. Not overcharging.

 

OOOOHHHH?! What can it be?

 

I pulled the batteries (24V system, so 2 X 12 volt batteries).

 

Some brainiac had put muriatic acid in the batteries. They are supposed to have sulfuric acid. I had a pool and worked on Army trucks for decades, so I knew the difference in the smell.

 

Muriatic acid balances the PH in your pool. Sulfuric acid is for automotive batteries.

 

I pulled all the battery cell caps and turned them upside down in a ditch. to drain them There was a gas station nearby & we cleaned them out of distilled water, (which eventually becomes sulfuric acid in a battery that's charging).

 

Anyhow, I hope they drop a few billion baht on education when it comes to batteries.

 

I won't be holding my breathe though (unless I'm riding in a Thai maintained EV). ????

Edited February 5, 2023 by jaywalker

[Damrongsak]

1 hour ago, Jerno said:

24 Billion is a great opportunity with lots if room for you know what...

"However, the energy minister warned that these subsidies will be distributed on a “first-come, first-served” basis due to the limited budget."

 

That means that someone or some few already have the inside track.  They can smell billions in the air from quite a distance.

 

 

[Purdey]

Thailand, having committed to lowering its carbon footprint on the world stage, promptly ordered more coal fired electricity generating facilities.

If anyone believes EVs save the environment, first look at the places generating their electricity. 

[ozz1]

Yes save the planet but don't worry about burning crops and black smoke coming out of all the diesel buses and trucks

[digger70]

7 hours ago, webfact said:

The government has set aside a budget of 24 billion baht to subsidize domestic manufacturing of battery cells for electric vehicles (EVs).

How much is the Govment going to spend on the Batteries that are Dead/broken  because that will be a disaster coming soon.

[paulbrow]

5 hours ago, Boomer6969 said:

How many lead-acid batteries can you get for 24 Billion Baht?

 

 

Nowadays, all EVs with ranges above 150 km use Li-ion battery packs, which often include heat control devices

[Dazkkk]

9 hours ago, paulbrow said:

Nowadays, all EVs with ranges above 150 km use Li-ion battery packs, which often include heat control devices

Mine has Li-ion batteries with a range of 300+ miles and I’ll worry about that in 12 years time. Maybe sell the pack for someone to convert to a home battery pack. 

Edited February 6, 2023 by Dazkkk

[Joseph98765]

Before getting into the EV world, fix the air quality with those billions...for f*** shake!