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 EV industry, there are 3 main countries that want positions. “Electric Vehicle Manufacturing Hub of ASEAN” includes Thailand, Malaysia and Indonesia. but it seems Highlights of each country For example, Thailand – outstanding in automotive assembly system and integrated production chain, Indonesia – advantage in ASEAN battery production, Malaysia – has high potential in E&E manufacturing at the Leadership Summit stage. CGS China ASEAN Business Leader Summit in Singapore There are views from industry leaders who believe that the EV industry is vying 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 average out the market shares that are divided on different sides. and jointly create an EV production chain system in ASEAN together. Opined that Thailand has strength in the supply chain. If so, if foreign companies come to invest He has to look at domestic demand and the ecosystem of various systems to see if there will be a sourcing part. in taking the apartment There is no need to produce only in Thailand, it will pull parts from other countries and we may be Thailand as a hub for distributing electric trains to ASEAN countries. According to the charter of ASEAN itself, in terms of free flow in sending cars as well. At the meeting, Malaysian Minister of International Trade and Industry Zafrul Aziz clearly announced that in 2023, Malaysia will fully promote the development of the EV industry by supporting Electronic and electrical components industry or E&E 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 outstanding global value chain and technology partner For electric vehicles, Dr. Nuwong Chonlakup, Director of Research Group, National Energy Technology Center Tells regarding Thailand’s intention to develop the EV industry that E&E is also something that Thailand wants to participate in as well. Because it is a value added for industries, but E&E in the personal car sector will have challenges. because there must be a part that is given in part accessibility or various codes that are architectures that are known to the company. However, Dr. Nuwong Chonlakup thinks that E&E in Thailand should have more room to play in the area of electric motorcycles. Or an electric bus that is already a local supplier, local industries ————————- For Indonesia, it has a strong point in producing a world-class car battery factory because There are important raw materials such as nickel. the largest number in the world at this time There are many foreign companies. To invest in car battery production 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 jointly invested 1.1 billion US dollars (38.5 billion baht) 3 ) Foxconn invested $ 8 billion in electric vehicle and battery factories 4) Tesla signed a $ 5 billion purchase of nickel with Indonesia ( 175 billion baht ) 5) Wuling from China Invested to set up an electric car assembly plant worth $ 1,000 million (35,000 million baht) 6) BYD from China to produce battery factories, so 3 large countries in ASEAN will be divided into one in the EV industry Thailand is an assembly and export point. Malaysia produces E&E machinery 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 #BYD #Tesla #Foxconn #Hyundai and LGEnergy #CATL #Indonesian Nickel #E&E Malaysia #Thai car assembly skills #Malaysia fully promotes EV 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 from 9:30 AM to 10:00 AM. On TNN Channel 16 and the ASEAN 4.0 ONLINE program every Sunday from 5:00 PM to 5:30 PM. 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