THAILAND EV BATTERY SWAPPING MARKET

INTRODUCTION

A facility known as an electric vehicle battery swap allows for the immediate exchange of a depleted battery or battery pack with a fully charged one, negating the need for the driver to wait for the vehicle's battery to recharge.

Battery switching stations need far less installation space than charging stations and offer a quicker solution to range anxiety. It takes just ten minutes to change a battery.

Due to the development of swappable batteries, the driver is now able to replace the empty battery with a charged one at a designated switching site.

As a result, this considerably increases the vehicle's uptime while also cutting operating costs, bringing the EV market closer to profitability.

THAILAND EV BATTERY SWAPPING MARKET SIZE AND FORECAST

The Thailand EV Battery Swapping Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

MARKET DYNAMICS

State-owned Energy Efficiency Services Ltd (EESL), which provides swappable batteries for electric motorbikes in Thailand using sustainable energy, said that it intends to invest in SWAG EV. In Thailand, there are over 21 million motorcycles.

They can accelerate the transition to healthier cities and combat climate change by utilising e-bikes with swappable batteries, the majority of which will be powered by solar energy.

The e-bike batteries will enable Thailand to begin its decarbonization process by enabling the power grid to include a greater proportion of renewable energy in its energy mix.

Under its goal to expand Thailand's EV infrastructure, the National New Generation Vehicle Committee has authorised investment rights for companies that provide electric vehicle (EV) charging and battery swapping services.

The action is a part of the committee's efforts to boost the market for EVs after it established a target to have 50% of domestically produced automobiles be EVs.

The committee anticipates that with incentive programmes, at least 12,000 EV chargers and 1,450 battery swapping stations would be built nationally, enabling motorbike riders with low batteries to switch them out for fully charged ones without having to wait for a complete recharge. The packages contain cash assistance, tax breaks, and other non-tax benefits.

COMPANY PROFILE

• Sany
• CATL
• NIO
• Geely
• Ample

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. What is the average cost per Thailand EV Battery Swapping Market right now and how will it change in the next 5-6 years? 
2. The average cost to set up an EV Battery Swapping Market in Thailand?
3. How many Thailand EV Battery Swapping Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Thailand EV Battery Swapping Market  and key vendor selection criteria
6. Where is the Thailand EV Battery Swapping Market manufactured? What is the average margin per equipment?
7. Market share of Thailand EV Battery Swapping Market manufacturers and their upcoming products
8. The most important planned Thailand EV Battery Swapping Market  in the next 2 years
9. Details on a network of major Thailand EV Battery Swapping Market and pricing plans
10. The cost advantage for OEMs who manufacture Thailand EV Battery Swapping Market in-house
11. 5 key predictions for the next 5 years in Thailand EV Battery Swapping Market
12. Average B-2-B Thailand EV Battery Swapping Market price in all segments
13. Latest trends in Thailand EV Battery Swapping Market, by every market segment
14. The market size (both volume and value) of Thailand EV Battery Swapping Market in 2022-2027 and every year in between?
15. Global production breakup of Thailand EV Battery Swapping Market, by suppliers and their OEM relationship