skip to Main Content
Thailand To Lead In EV Battery Manufacturing And Assembly

Thailand To Lead In EV Battery Manufacturing And Assembly

Thailand’s assembly and output of Electric Vehicle (EV) batteries are predicted to reach 430,000 units by 2023, according to Kasikorn Research Center (K-Research). As such, Thailand will be responsible for three percent of global EV battery production by 2023 and will be placed top four in Asia. Moreover, sales of the three types of EVs—hybrids, plug in hybrids and battery EVs in Thailand will account for 25 percent of the total car market.

The research centre said, “The EV market is expected to increase significantly from 2019 as many car manufacturers have applied for the Board of Investment’s (BoI) incentives to localise EV assembly.”

With implementation of the government’s EV scheme to focus on hybrid and plug-in hybrid EVs, investment flow for EV battery assembly will follow. Furthermore, car manufacturers successfully granted the BoI incentives are required to carry out their plans within three years, by 2021. The assembly of battery EV’s depend on the coverage of EV charging stations, while hybrid EVs may extend into eco-hybrid cars. Sales of hybrid EVs will see significant increase since they have already been available. Car manufacturers like Toyota and Mercedes-Benz will be localising battery assembly, which will drive assembly manufacturing for EV batteries.

Thailand will be a hub for EV battery exports. 260,000 units of the 430,000 total battery output by 2023 will be supplied to the domestic market, while 40 percent or 170,000 batteries will be exported. Battery EVs will mainly be delivered to Japan, Oceania, Singapore and Malaysia due to rising income growth and government’s support for EV facilities. Furthermore, with the Japan-Thailand Economic Partnership Agreement, Thailand is set to become the original equipment manufacturer EV battery hub for Japanese car manufacturers.

WANT MORE INSIDER NEWS? SUBSCRIBE TO OUR DIGITAL MAGAZINE NOW!

FOLLOW US ON: LinkedIn, Facebook, Twitter

 

Nissan Launches First Electric Vehicle Batteries Recycling Plant In Japan

Nissan Launches First Electric Vehicle batteries Recycling Plant In Japan

Fukushima, Japan: Lithium-ion batteries from electric vehicles (EVs) will be given a new life at Japanese automaker Nissan’s Namie factory, as this refurbished battery for the Nissan Leaf car make will be sold at half the price—at 300,000 yen (US $2,855.51) of brand-new ones.

A joint venture between Nissan and the trading firm Sumitomo Corporation has been established, and the initiative is operated by 4R Energy Corporation.

According to Eiji Makino, chief executive of 4R Energy Corporation, “By reusing spent EV batteries, we wanted to raise the (residual) value of EVs and make them more accessible.”

When the batteries enter the plant, all 48 modules will be assessed over a four-hour proprietary process. Currently, the process is customised predominantly for the electric-powered first-generation Nissan Leaf.

However, batteries that have fallen below 80% of their energy capacity are not used for the Leaf recycling programme but are reassembled for lower-energy vehicles like golf carts, forklifts or for low-intensity functions in street lamps.

Mr Makino has also commented on 4R’s consideration to broadening their battery range to cater to more recent Leaf models, which consist of different chemical composition. The factory is expected to produce 2,250 battery packs, and several hundred other refabricated sets, annually.

Discussions are also underway for 4R to retrieve other reusable materials from used EV batteries, albeit the difficulty to completely dismantle them to be recycled on their own, said Makino.

The move is a game-changing one in the industry, as recycled batteries get circulated back into the life span of electric cars to impact the demand for new EV battery materials.

With a growing demand for EVs, automakers worldwide are seeking to make more cost-effective and durable batteries, which right now can account for up to a fifth of an EV’s cost due to increasingly expensive materials like cobalt and nickel.

As resources such as lithium and cobalt—fundamental materials in lithium-ion batteries powering EVs—become more critical in the near future, this sustainable treatment of worn batteries can potentially serve its environmental purpose in decreasing the pressure on scarce resources.

CHECK OUT THESE OTHER ARTICLES

Mitsubishi Electric Invests in Realtime Robotics
Predictive Maintenance Solutions For Machine Tools Reduce Cost The Smart Way
Tungaloy Partners With MachiningCloud For Online Metal Cutting Tool Catalogue
Singapore Polytechnic And Shimadzu Prepare Energy & Chemicals Companies For Digitisation By 2020
Kongsberg Digital And Alibaba Cloud To Digitalise Chinese Energy Sector
Electric Cars To Disrupt The Oil Industry
Automaker Toyota To Cease Selling Diesel Cars In Europe
Walter Tools Releases White Paper on Dynamic Milling
Germans Already Going With Asian Batteries
Electric Cars May Be Cheaper Than Petroleum Cars In Seven Years

WANT MORE INSIDER NEWS? SUBSCRIBE TO OUR DIGITAL MAGAZINE NOW!

FOLLOW US ON: LinkedIn, Facebook, Twitter

 

Mercedes Invests In Battery Production

Mercedes Invests In Battery Production

Bangkok, Thailand: German original equipment manufacturer Mercedes Benz will collaborate with its partner Thonburi Automotive Assembly Plant (TAAP) for the expansion of its existing car plant in Bangkok. A new battery assembly facility will be built at the same site and slated for operation at the beginning of 2019.

Read More
Back To Top