Asia urged not to build more LNG terminals
Asian countries going into liquefied natural gas (LNG) importation, including the Philippines, may face challenges in securing imported LNG and lead to stranded import infrastructure and gas-fired power plants due to the long-term impact of the Ukraine-Russia war on prices, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
Thailand ups electric vehicle incentives, after 30% spike in foreign direct investment
Thailand Board of Investment has approved revised conditions and incentives for investing in electric vehicles and the infrastructure needed to support them, specifically charging stations. Today’s BOI announcement comes as Thailand increases its incentives for people to buy and invest in electric vehicles, in an effort to maintain its grip on Southeast Asia’s car manufacturing […]
No electricity shortage in Thailand, says Energy MinistryNo electricity shortage in Thailand, says Energy Ministry
THAILAND’s Energy Ministry said the country is unlikely to face electricity shortages such as those being experienced in Vietnam and Sri Lanka. In trying to allay fears that the problem faced by the two countries could spread to Thailand as well, the ministry said Thailand has secured a long-term coal purchasing contract to guarantee coal […]
Thailand approves enhanced incentives to boost EV use
Thailand has expanded incentives to boost the use of electric vehicles (EVs), the investment promotion agency said on Thursday (Apr 7), as the country looks to preserve its status as a major Southeast Asian auto production hub. Smaller charging stations will now be eligible for three-year tax benefits, an extra incentive on top of a […]
Thailand Issues New Incentive Package for Electric Vehicle Industry
In February 2022, Thailand released new government incentives for its electric vehicles (EV) industry as part of its ambitious plan to transform 50 percent of its total auto by 2030 and become a production base for cleaner vehicles in Southeast Asia.
Govt lays out energy supply plan
Thailand is unlikely to face the shortages of electricity being experienced in Vietnam and Sri Lanka, the Energy Ministry said on Saturday in an attempt to allay fears that the problem could spread to Thailand as well.
Thais turn to EVs at motor show as petrol prices soar
BANGKOK, March 30 (Reuters) – Thousands attended the Bangkok International Motor Show this week where electric vehicles (EVs) were in the spotlight due to rising petrol prices and a government subsidy taking 15% off the price of some EV cars.
Wall chargers, power meters to be installed to promote electric vehicles in Thailand
BANGKOK – Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow made the promise during the “Go Green 2022” seminar on Thursday when he was talking about green businesses.