COUNTRY FOCUS : THAILAND
heavy-duty vehicles such as buses , trucks and heavy commercial vehicles to EVs throughout Thailand and APAC region . Smittipon Srethapramote , CEO , Banpu NEXT , said : “ The high adoption rate of EVs is boosting the demand for batteries in Thailand . The country ’ s battery market itself , valued at US $ 1.14 billion in 2022 , is projected to reach US $ 4.01 billion by 2030 , growing at a CAGR of 17.0 % from 2023 to 2030 . battery technology and designing bespoke modules and packs tailored to diverse customer segments .
“ As we forge ahead in our collaboration with Banpu NEXT and Cherdchai Motors Sales , we remain steadfast in our mission to deliver sustainable energy solutions to customers throughout Thailand and across the APAC region .”
“ Aiming to be the Net-Zero Solutions Provider for enterprises across the Asia-Pacific region , Banpu NEXT sees business opportunities that not only support Thailand ’ s ambition to emerge as an EV production hub but also contribute to the efforts to stem global climate change . This initial delivery signifies a major achievement in our ongoing partnership in which Banpu NEXT is spearheading market opportunities in Thailand .
“ We are supplying batteries to Cherdchai Motor Sales , who aims to power approximately 100 electric buses by 2025 , alongside providing expert technical advice and comprehensive after-sales services .”
Kelvin Lim , CEO , Durapower Group , said : “ Leveraging our advanced technology and industry expertise , we are proud to deliver superior-quality battery systems that offer unparalleled discharge time , rapid-charging capabilities , lightweight designs , and the highest safety standards .
“ Our commitment extends beyond mere production and assembly , as we are devoted to providing innovative
Adisorn Cherdchai , Managing Director , Cherdchai Industrial Factory , said : “ Cherdchai provides vehicles for transportation and traveling . To decarbonize and align our business with global energy trends , we are transitioning from ICE vehicles to electric buses . This move allows us to offer our customers superior , safer and more environmentally friendly services .
“ We are also developing our own vehicles specifically designed to cover long distances . These vehicles are intended for our primary route from Nakhon Ratchasima to Bangkok and are part of our e-bus production initiative to meet the growing demand for e-bus usage in Thailand . Batteries from the DP NEXT plant meet our technical and customized needs .
“ The added value of having a team of local experts providing consultation and after-sales service offers us a high level of confidence in their batteries .
“ The arrival of the first pack of lithium-ion batteries from Banpu NEXT and Durapower is a significant moment that supports the transition to electric buses and strengthens the commitment to environmental sustainability .”
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