Betting on the potential of EVs
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Brokerages predict a market shift, pushing investment in electric vehicle, battery and auto parts firms
published : 10 May 2021 at 06:44
5 An EV charging station at a motor show. ASPS research forecasts significant long-term growth in the EV market. (Photo by Patipat Janthong)
If the world hopes to battle climate change, the automotive market must expedite its transition from gas-guzzling internal combustion engines to electric ones, based on innovative breakthroughs in battery technology.
This means massive government and private sector investment in automotive, battery and other technologies, opening up countless opportunities for savvy investors looking to capitalise on a trend that may prove beneficial to the world.
New EV output target under review
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ASEAN Electric Vehicle Market Report 2019: By Key Players, Share, and Forecast to 2025
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IN FOCUS: Thailand poised to be regional leader in electric vehicle revolution, and all it needs is a spark
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IN FOCUS: Thailand poised to be regional leader in electric vehicle revolution, and all it needs is a spark Entrepreneurs banking on electric vehicles as one of the solutions to tackle climate change are positioning themselves early, as Thailand looks to ramp up production.
Thailand is seeing more electric vehicles hit the roads each year. (Photo: Jack Board)
13 Jan 2021 05:23PM) Share this content
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BANGKOK: It was a postcard picture day off the coast of Phuket as a sleek, modern ferry embarked on its maiden voyage. The battery-powered vessel slipped from the dock in near silence and jetted towards the limestone karsts on the horizon.