The ASEAN EV car industry is divided, rich, nobody | ASEAN Plus Program | TNN | Sunday, March 19

The ASEAN EV industry is divided, rich, no first place | ASEAN Plus Program | TNN | Sunday, March 19, ASEAN EV industry, divided, rich, no first place ASEAN is competing for market share. In the electric vehicle or electric vehicle industry, there are 3 main countries that want jobs. The “ASEAN Electric Vehicle Manufacturing Hub” includes Thailand, Malaysia and Indonesia. but each country’s Highlights appear For example, Thailand – which excels in automotive assembly system and integrated production chain, Indonesia – has an advantage in battery production ASEAN, Malaysia – high potential in E&E manufacturing on stage CGS Leadership Summit China ASEAN Summit Business Leaders in Singapore There is an opinion from industry leaders who believe that the electric vehicle industry is competing for space even though Indonesia and Thailand. They announced themselves as regional centers, but in the end no one will be the first The 3 main countries will get an average of the market shares shared on different sides. and create a joint EV production chain system in ASEAN together. From the opinion that Thailand has strength in the supply chain If so, if foreign companies come to invest He must look at the domestic demand and ecosystem of various systems to see if there will be a sourcing part. when taking the flat It is not necessary to produce only in Thailand, it will take parts from other countries and we may be in Thailand as a hub for the distribution of electric trains to ASEAN countries. According to the ASEAN charter itself, in terms of free flow when sending cars as well. At the meeting, Malaysia’s Minister of International Trade and Industry Zafrul Aziz clearly announced that in 2023, Malaysia will fully promote the development of the electric vehicle industry by supporting the electronic and electrical components or E&E industry in Malaysia has a strong point. And the strongest in ASEAN, E&E parts play a very important role in driving EV production. which will make the ASEAN region Outstanding, it can be the center of electric vehicle production in the world. The Malaysian Investment Development Agency (MIDA) has positioned Malaysia as a key player. in an excellent global value chain and technology partner For electric vehicles, Dr Nuwong Chonlakup, Research Group Director, National Energy Technology Center Says about Thailand’s intention to develop the electric vehicle industry that E&E is also something that Thailand want to participate in it too. Because it is an added value to industries, but there will be challenges related to education and emergencies in the personal car sector. because some part must be given accessibility or various codes which are architecture known to the company. However, Dr Nuwong Chonlakup thinks that E&E in Thailand should have more room to play in the field of bicycles electric motor. Or an electric bus that is already a local supplier, local industries ————————- For Indonesia, it has a strong point in producing a world -class battery car factory because There are important raw materials such as nickel. the largest number in the world at the moment There are many foreign companies. In order to invest in the production of car batteries in Indonesia, such as 1) CATL Company from China invested 6 billion US dollars (210 billion baht) 2) Hyundai Company and LG Energy from South Korea invested 1.1 billion US dollars (38.5 billion baht) jointly 3) Foxconn invested $8 billion in electric vehicle and battery factories 4) Tesla signed a $5 billion nickel purchase with Indonesia ( 175 billion baht ) 5 ) China’s Wuling Invested to set up a $1,000 million electric car assembly plant (35,000 million baht) 6) WORLD from China to produce battery factories, so 3 big countries in ASEAN will be divided into one in the electric vehicle industry Thailand is a place of assembly and export. Malaysia produces E&E engines and Indonesia focuses on battery production. If this chain is fully developed ASEAN will become another global EV industry hub #Thailand #Malaysia #Indonesia #China South Korea #ASEAN EV Industry #WORLD #Tesla #Foxconn #Hyundai and LGEnergy #CATL #Indonesian Nickel #E&E Malaysia #Thai car assembly skills #Malaysia fully promotes electric vehicle industry —————————— ———- #TNN #ASEAN 4.0 #ASEAN 4.0 Online #ASEAN Plus #ASEAN #ASEANplus Follow all ASEAN economic movements on the ASEAN Plus program every Sunday between 9:30 AM and 10:00 AM . On TNN Channel 16 and the ASEAN 4.0 ONLINE program every Sunday between 5:00 PM and 5:30 PM. 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