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PTT is confident that high standards – low costs can compete with “EV” fully integrated

PTT is confident High standard - low cost, competitive "EV" complete Attract customers to use the service of the car assembly plant. Battery factory with both “MODULE and Cell-To-Pack” systems to support complete EV production base in Thailand. Ready to cooperate with agencies to prepare to offer new government support for new EV support packages To create a competitive ecosystem, especially with Chinese camps that benefit from FTA

Mr. Cherdchai Bunchuchuai, Executive Vice President, Innovation and New Business, PTT Public Company Limited, said that PTT's new businesses are now moving forward according to the plan, aiming for New Growth with the goal of increasing the profit proportion of the company. energy business of the future and other businesses to more than 30% in 2030, along the way will continue to grow And will have a 15% proportion in 2026, with 2 main strategies: Future Energy, focusing on renewable energy businesses, fully electric vehicles, hydrogen , Smart Electronics and Beyond, penetrating new businesses farther than energy, such as life sciences (Life Science), creating a high value-added industry of petrochemicals. PTT MOBILITY BUSINESS Oil and Retail Business Public Company Limited or OR, etc. The main principle of business expansion is looking for a strong partner Have real expertise in that business, develop new businesses to cover from upstream to downstream and look for ways to expand the business and build management strength using PTT's resources and strong and broad business base.

“We started a new business 2-3 years ago, and now we have continued progress with our partners both domestically and internationally. By setting a clear business goal that must have returns within 3-5 years and constantly adjusting appropriate strategies. which, in addition to answering business questions that are sustainable also participated in solving global warming problems Stepping into the NET ZERO plan, "said Mr. Cherdchai.

For the complete EV project, Arun Plus Co., Ltd. has a joint venture, including car production, batteries, charging stations, and EV car rental systems. and changing the battery which a joint venture with FoxConz Established Horizon Plus Co., Ltd., a joint venture to produce electric vehicles designed under the concept of BOL (Build-Operate-Localize), bringing world-class technology to design, build and produce in line with customer needs. At this time, there are car manufacturers in China, Japan, Europe. to negotiate for production Although many Chinese giants have already started investing in Thailand with other factories, this project has a total investment of 36 billion baht. 2024 and Phase 2 will invest another 12 billion baht, expanding to 150,000 cars/year in 2026-2027.

Both systems support all types of EVs. Both lithium ion battery systems Battery modules and Cell-To-Pack (CTP) systems are options to meet customer needs. and is a collaboration with world-class TOP TEN giants from China, including cooperation with Gotion High-tech affiliates, establishing a joint venture company under the name of NV Gotion Co., Ltd. (NV Gotion) with a registered capital of not more than 600 million baht. Enter, assemble and distribute battery modules The high-quality lithium-ion plant will be completed by the end of 2023 and will start selling in early 2024 with an initial capacity of 1 GWh per year. and expanding production capacity to 2 GWh per year by 2025. NV Gotion will begin construction of a 2 GWh per year battery pack assembly plant. In the Eastern Special Development Zone (EEC), it is expected to be able to produce and deliver high-quality lithium-ion batteries to the market by the fourth quarter of 2023. It is considered to increase the country's competitiveness through innovation and technology. and push forward the Net Zero goal of the country from all sectors together As for the Cell-To-Pack (CTP) lithium-ion battery assembly plant, it has agreed to cooperate with Contemporary Amperex Technology Co., Limited (CATL), with an investment of more than 3,600 million baht. 2024 with a capacity of 6 GWh per year

As for EV car rental, EV Me Plus Co., Ltd. (EVme Plus), Thailand's first fully integrated electric vehicle rental platform provider. It is very popular with the service. As of March 2023, there are 700 service cars. The target is 2,000 cars by the end of 2023, with an emphasis on increasing long-term rentals of 3-5 years. in proportion to one hundred 70 From the current 60 percent, with the rest being short-term rentals and also making a plan for ROSE, planning to buy and sell EVs on the EVme platform. Earn more from online platforms Encourage people to be familiar with EVs. through this platform with membership

While automotive charging stations in the PTT group will invest in installation both in gas stations through the OR brand EV Station Plus. and outside the gas station by On-ion (on-ion), which includes a service to install charging stations at home. and together with partners installed in different areas Whether it's a department store business areas and others with services installed at more than 1,000 houses, while business areas have been opened for service at 59 stations nationwide with 430 charging stations. On-Ion's strength is developed by the Institute of Innovation PTT registers innovative products The after-sales service system, no matter where it is installed, is easy to contact, convenient and ready to solve problems.

“PTT moves forward with the full EV ecosystem. In the future, it will study joint ventures in battery cell systems and SMART ELECTRONIC to support the needs of electronic components, including EVs, mobile phones. electrical appliances, however, all aspects must be discussed with the government that There will be support to move forward. To strengthen the industry in the country as well. by format like this It will strengthen the Thai economy. As for the EV Horizon Plus, it is expected that at least 20,000 people will be employed, ”said Mr. Cherdchai.

Mr. Ekachai Yimsakul, Managing Director of Arun Plus Co., Ltd. (Arun Plus), said he was confident that the contractor would hire an assembly plant for cars and batteries. will be on target Because next year will have to start producing cars in Thailand because they have to comply with government requirements. That is, using batteries and assembling cars in Thailand After the end of the government financial subsidy program on December 31, 2023, EV cars will receive a maximum subsidy of 1.5 hundred thousand baht per car, while EV motorcycles receive 18 thousand baht per car. In terms of expertise and cost of the group PTT will be able to compete with low cost. Because each investor All of them have world-class expertise. Build confidence for EV car makers that will invest in Thailand.

“The new package supports EVs in Thailand. Government agencies and private groups have discussions together and will propose a new government, such as tax issues, which the Thai-Chinese FTA makes EVs assembled in China zero taxes. And how to make other Thai-made cars competitive? It's a question that all parties are doing their homework together, ”said Ekachai.–Thai News Agency.

Source: Thai News Agency