French digital automation and energy management multinational company Schneider Electric is building an intelligent electrification infrastructure for Thailand’s electric vehicles (EVs) ecosystem. In effect, as millions of EVs are expected in Thailand over the next few years, it will be crucial to ensure a higher energy supply and smarter management for increased efficiency.
According to Kasikorn Research, EVs in Thailand will account for 55% of domestic vehicle sales, over half of the domestic manufacturing, and 47% of the total vehicle exports by 2030. Therefore, developing an extensive network of charging stations will be crucial.
Schneider Electric aims to provide the charging infrastructure. Besides manufacturing charging devices and charging software platforms, the company is collaborating with EV car and battery manufacturers in Thailand to provide infrastructure for their factories.
Schneider hit global revenue of EUR 29 billion in 2021 and committed to sustainability by aiming to be carbon neutral by 2025 and net-zero by 2030. The company claims that this target is significantly earlier than most countries’ 2050 and 2065 targets for carbon neutrality and net zero under the Paris Accord, which aims to limit global warming to 1.5 degrees by the end of the century.
(Source: Nation Thailand)