FOTON Motor Launches 100% Commercial EVs in Thailand

THAILAND, November 19, 2021 /chinatrucks.com/ -- International Energy Agency (IEA) statistics shows that transportation has become the second leading contributor of carbon emissions. The emissions from commercial vehicles account for 40% of the total road transport emissions. This makes the switch to new energy vehicles more imminent. To reduce carbon emissions, Thailand government also plans to positively promote efforts for the development of electric automotive industry. Its initial goals set out by Thai Energy Efficiency Development Plan 2015-2036 (EEP 2015) is to provide power support for the stock of 1,200,000 electric vehicles in the domestic Thailand market by 2036, said Thailand secretary of energy.

On November 18, FOTON Launched 5 100% commercial electric vehicles in Thailand on the second anniversary of CP FOTON, a joint venture set up by Thailand Charoen Pokphand (CP) Group and China FOTON Motor Group. This indicates that FOTON Motor has officially entered into the Thailand commercial Electric vehicle market in collaboration with Thailand Charoen Pokphand (CP) Group. Afterwards, CP FOTON will offer electric commercial vehicle solutions to upgrade its traditional means of transport, speeding up the realization of a low-carbon society in Thailand.

At the launch ceremony, CP FOTON reported stronger-than-expected Q1-Q3 sales performance, with the sales of over 300 units and a year-on-year increase of 200%. “I think this is a very important milestone to drive innovation in the country’s economy and will grow our transport operators, vehicle owners and business partners as well. “ said Nopadol Chiaravanont, vice chairman of Industrial Business Group at Charoen Pokphand Group(CP Group).

Nopadol Chiaravanont, vice chairman of Industrial Business Group at Charoen Pokphand Group(CP Group)

Over the past two years, CP FOTON has been committed to developing every segment, delivering a secured product supply and more extensive customer services by setting up a distribution network involving 20 dealers. With a 10 million-unit global sales and customers’ trust, FOTON Motor has received positive response from the market in Thailand, commented Kritsana Settharangkun, managing director at CP FOTON.

Kritsana Settharangkun, managing director at CP FOTON

The 5 100% commercial electric vehicles CP FOTON launched to the Thailand market are specifically designed based on the applications in urban logistics, terminal delivery, port transportation and mining haulage, and will further expand to the entire electric product portfolio. As described in the theme of the ceremony "EVlution Go Beyond 2022", CP FOTON will take 100% electric as its core technology and offer more sustainable solutions to the trucking industry in Thailand.

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Over many years, FOTON has been focusing on the market demand for product and service and providing prominent products. As one of the first new energy vehicle manufacturers in China, FOTON’s new energy sector has now had 8 core R&D capacities to develop powertrain integration, simulation analysis on vehicle performance, batteries, motor control, and vehicle control software and much more.

FOTON vehicles are on a par with its rivals and enjoy great popularity among the consumers. In the coming three years, CP FOTON’s goal is to move up to the third place in Thailand commercial vehicle market and become the first choice of customers by expanding offerings to customers. This introduction of the electric products to the Thailand market is also an important measure required to further expand the global market, commented Kritsana Settharangkun, managing director at CP FOTON.

FOTON’s operation strategy in the Asian area will focus on Thailand. With the CP FOTON regional operation base setting up, FOTON Motor looks to expand its business in new energy vehicle based on its traditional operation there. The strategy will also contribute to the achievement of zero-carbon society in Thailand and speed up the local economy in a cleaner manner.

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