Free Content: Thailand steps up to establish public-private partnerships for the development of electric vehicle conversion programs

The Thailand government moved to ink a public-private partnership deal to nurture the country’s workforce in the production, conversion and maintenance of electric vehicles, which was already in line with the top policy makers’ idea to promote the use of clean energy vehicles in the country.

The administration would set in play a series of coordination among relevant government agencies to encourage the development of manpower in this new area so that the country would be prepared for the new industries. The administration would be expected to involve their Ministry of Foreign Affairs in the upcoming programmes as well.

As part of the project, the top policy makers also wanted to elevate the country’s capability in the conversion of fuel-based motorcycles to electric motorcycles. Through this programme, the country hoped to do its part to help to reduce the impact of climate change, which was in line with Thailand’s commitment for carbon neutrality target in 2050 and net zero emissions in 2065.

The government would be inviting more private sector participants to invest in the research and development (R&D) of the electric vehicles conversion programmes.

The central government believed that the potential value of developing electric motorcycles is clear. As part of the implementation plan, the working group will quickly design and run a trial after which, they would immediately move to the next phase of setting business standards and encouraging suitable business models to grow.

Special programmes would also be put in place to develop professionals and entrepreneurs so that they could move on to build their own businesses, helping the country to be self-reliant and competitive in the related technology, ultimately elevating its industries to the global business landscape.

The working groups placed high importance on ESG and sustainability challenges, would work on the related challenges and be sharing more operational details later. The top policy makers hoped that this move would help to create new jobs to boost its economy.