CATL Gains on Deal to Supply Foxconn-Thailand’s PTT Electric Car JV With Batteries
Shares in Contemporary Amperex Technology advanced today after the Chinese battery giant said that it will supply batteries to Horizon Plus, an electric vehicle joint venture set up by Chinese iPhone supplier Foxconn and Thai state-owned energy giant Petroleum Authority of Thailand.
Rising energy demand, fuel prices hit Pattaya transport
Pattaya businesses are being hit with the double whammy of fuel prices rising at the same time as the demand for energy nationwide is surging due to Thailand’s economic recovery. Operators of metered and motorcycle taxis, tourist vans, baht buses, tour boats and jet skis all are reporting hardship due to inflation, driven by soaring […]
Thailand launches electric motorcycle taxi pilot project
BANGKOK, May 7 (Xinhua): The Thai government and the United Nations Environment Program (UNEP) jointly launched a pilot project for electric motorcycle taxis in Thailand. Some 50 electric motorcycles donated by Chinese company TAILG will be used as green motorcycle taxis in a collaborative research project and as demonstration cases.
Bangkok boats bolster e-mobility
The International Finance Corporation (IFC) has announced that it is joining hands with Chao Phraya Express Boat (CPX), a transportation service in Thailand, to expand e-mobility on Chao Phraya, one of Bangkok’s main waterways. Over the next 12 months, the IFC will work with CPX to develop bankable and sustainable investment projects. This will include […]
Deco backs promotion of BEVs
Deco Green Energy Co, a Thai electric motorcycle manufacturer and distributor, signed an agreement yesterday with the Excise Department to promote battery electric vehicles (BEVs) under the government’s subsidy and tax incentive measures. Deco produces both vehicles and components, including electric motorcycles, electric bicycles, spare parts and lithium batteries.
Thai, Malaysian firms pull out of Myanmar gasfield project
BANGKOK—Thailand’s oil and gas conglomerate PTTEP and Malaysia’s Petronas announced Friday they would withdraw from the Yetagun gas project in coup-hit Myanmar. There has been an exodus of global energy companies from Myanmar including Chevron and TotalEnergies following last year’s military takeover and subsequent allegations of human rights abuses.
JERA, EGCO PLAN LNG VALUE-CHAIN IN THAILAND
Japan’s Jera has concluded a memorandum of understanding with Thai utility Electricity Generating Public Co. (Egco) to develop LNG value-chain in the southeast Asian country, the company said on April 26. They will also look to establish a supply chain for hydrogen and ammonia.
PTTEP officially takes reins at Erawan and Bongkot offshore Thailand
Thailand’s PTT Exploration & Production (PTTEP) is now the official operator of the G1/61 project, which covers the Erawan, Platong, Satun and Funan fields, as well as the G2/61 project, covering the Bongkot field. PTTEP (BKK:PTTEP) said it is ready to boost natural gas production to increase energy security despite being denied prior access to […]
