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Bangkok Post

Business

FTI club launches EV component plan

FTI Federation of Thai Industries

An electric car is connected for charging at Motor Expo 2021, held in December at Impact Challenger 1-3, Muang Thong Thani. (Photo: Pattarapong Chatpattarasill)

The Federation of Thai Industries' (FTI) auto parts club is working to help 2,500 auto parts manufacturers accustomed to producing parts for internal combustion engines (ICE) to shift towards electric vehicle (EV) technology by launching an EV component development plan.

EVs are expected to replace oil-powered cars, threatening to disrupt auto parts production in the future, said Pinai Sirinakorn, chairman of the club.

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