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Bangkok Post
Bangkok Post
Business

FOUND: Fti says country needs to step up ev development - You Need To See This

FTI Kriengkrai Thiennukul Thailand Indonesia electric vehicle

Thailand must speed up its electric vehicle (EV) development to stay ahead of Indonesia if it still wants to become a regional EV production hub, says the Federation of Thai Industries (FTI).

While Thailand is good at manufacturing cars and auto parts, Indonesia is rich in the resources required to serve the EV industry.

"Indonesia is a strong competitor because it has a key raw material needed for EV battery production," said Kriengkrai Thiennukul, chairman of the FTI, referring to nickel, which is used in lithium batteries.

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