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The State Power Corporation of Thailand (PTT) and Foxconn have signed a Memorandum of Understanding (MoU) to collaborate on the establishment of an open platform for the production of electric vehicles (EVs) and key components to serve the electric vehicle industry in Thailand
.
The platform, which includes hardware and software services, will be available to all Thai automakers looking to accelerate the production and sale of electric vehicles in Thailand and elsewhere in the ASEAN region
.
General Prayut Chan-o-cha, Prime Minister of Thailand, presided over the virtual signing ceremony of the Memorandum of Understanding on Electric Vehicle Development and Manufacturing Projects in Thailand
.
If all goes well, the two parties will form a partnership to support the production of electric vehicles
.
The partnership aims to build an end-to-end production platform that provides instant scale to Thailand's electric vehicle industry
.
Thai automakers looking to assemble electric vehicles will be able to access the entire value chain of services provided by the newly formed joint venture established as part of the project
.
The aim is to help manufacturers not only get EV-specific services, but also launch new models faster at competitive costs
.
The new platform requires an ecosystem that combines state-of-the-art technologies across the EV value chain, including auto parts manufacturing
.
It will build on Foxconn's recently established MIH Industry Alliance, an open network capable of providing developers and manufacturers with a complete software and hardware platform to build electric vehicles
.
The MIH platform has four key characteristics:
The MIH platform has four key characteristics:1.
The architecture is completely modular, extensible and easy to customize
.
2.
The chassis adopts the latest lightweight materials, and the one-piece design will optimize the electric vehicle performance
.
3.
Robust electrical architecture designed for all application levels
.
4.
A platform for developing autonomous driving technology
.
