Startups in the electric vehicle (EV) market predict the industry to grow quickly following the epidemic, with more charging stations and EV-sharing service systems to cater to new urban lifestyles. As the world becomes increasingly aware of the need to combat global warming caused by greenhouse gases, particularly those emitted by the transportation industry, the age of battery-powered automobiles, which release no carbon dioxide or other pollutants, is rapidly approaching.
According to Soranun Choochut, chief executive officer and co-founder of Etran (Thailand) Co, a Bangkok-centered electric motorcycle developer, the global automotive sector will be a key component of significant changes toward more sustainable and ecologically friendly development over the next three years, a key component of the World Economic Forum’s “Great Reset.” The improvements have also been fueled by the Covid-19 epidemic, which has made so many people more conscious of the need for healthcare, according to him.
Countries transitioned to a digital era more than ten years ago, and now they are moving toward a period of greener energy and more ecologically friendly products, including electric vehicles, he said. Mr Soranun informed the Asean Sustainable Energy Forum, that was recently joined by EV startups, that “EVs may still be seen as novel alternative cars in the Thai market,” but that “we want oil-powered vehicle drivers to start thinking about EV potential and become comfortable with the technology.”
The age of electric vehicles will ultimately arrive, since the Thai government is committed to promoting the vehicles, and many power and automobile corporations have begun to pursue EV ventures. The National EV Policy Committee said earlier this year that by 2030, electric vehicles will account for 50% of all vehicles manufactured in Thailand, as part of an ambitious strategy to establish Thailand as a major EV production powerhouse. Companies have also declared advances in constructing battery manufacturing facilities and a variety of electric vehicles, ranging from boats and buses to three-wheeled tuk-tuks.
According to Krit Vichaiwatanapanich, co-founder and CEO of Haupcar Company, the operator of the digital EV-sharing service platform, car-sharing services are likely to rise significantly, creating an opportunity for Electric Vehicle business developers.
Many city workers will benefit from the service since they do not want to cope with the financial responsibilities of automobile purchases or the battle to obtain parking spaces, which are few in many places, even newly constructed condominiums. Mr Krit believes that electric vehicles would be a popular alternative in the car-sharing industry as the automotive industry produces more of them in response to global campaigns to combat climate change driven by global warming. His company has created an app to help those who want to utilize autos. They can book their favorite automobile models and select regions to receive as well as return cars with only a few clicks.