Electric Vehicles are now a BIG DEAL in Thailand

‘Interested in reading about the electric motor vehicle market in Thailand?’

Thailand is moving forward

With the huge trend of ‘protecting our environment’ from CO2 emissions, people in Thailand have caught onto the growing movement towards Electric Vehicles (EVs) and Battery Electric vehicles (BEVs).

Soon, we might see the infamous ‘red songteaw’ or Passenger Pickup Vehicle (PPV) become electric!

The below article will inform you about the reduction in excise tax attached to the sale of the electric vehicles in Thailand as well as some information regarding the export and import market of cars in the region.

Who would have thought we’d be plugging our cars into the electric sockets in the walls of our homes for power, so soon?

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Thailand Tripartite Electricity Agreement Imminent

The Thai government is working hard to make sure we have enough electricity going into the future. In this article you will read about a transmission system that Thailand has been able to market to its neighbours.
You will also read about how we plan to get this needed electricity.
This liberalisation of power in Europe should of course have led to competition in favour of the consumer, and less fossil fuel emissions. But, did it? So lets see what happens in the Asian region…

Energy Ministry permanent secretary Areepong Bhoocha-Oom said, “The agreement will be for the sale and purchase of electricity between Laos and Malaysia, using Thailand’s transmission system.”

The transmission system could, in the near future, present more positive opportunities for Thailand. Power from Laos and Cambodia can be provided to other nations through this transmission system.

China has recently approached the relevant Thai authorities to make an agreement about transmission services. They (China) have recently made investments into hydroelectric dams in Laos and Cambodia. China would like to have agreement from Thailand in this regard.

As an example of how this agreement will work: Laos will produce and provide power to Malaysia. Laos will then get paid for the electricity provided, while Thailand will then get compensated for its transmission services.

ASEAN hydro electricity involvement

In addition to Malaysia, Laos and Cambodia, there has also been a lot of interest by the Electricity Generating Authority of Thailand into Myanmar. By 2029 the hydro power plant at the Man Tong Dam will be generating power already.

Areepong said that although “Thailand would likely be unable to construct more hydroelectric dams of its own, it had a good chance of buying hydroelectricity from neighbouring nations.”

Liberalisation of energy 

The liberalisation of power in Europe of course led to competition, and less fossil fuel emissions.  There are however negative aspects, such as increased expenditure on advertising and the well known collusion.

These arrangements in Europe were supported with the interest of increasing the association of European energy markets. Similar initiatives, to a degree, have been followed in various countries around the world, such as the USA,  Argentina, and neighbour, Chile.

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liberalisation of power  meaning  →