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Bangkok Post
Bangkok Post
Business

Schaeffler mulls move into Thai electric vehicle market

Schaeffler Manufacturing (Thailand), a Germany-based producer of automotive and industrial products, is conducting a feasibility study on the development of new mobility technology-related products to serve the growing electric vehicle (EV) industry in Thailand and overseas.

The company is in talks with Thai and foreign companies in the EV industry about a plan to supply the new products, said Micah Shepard, president of automotive after-market and chief executive of Southeast Asia at Schaeffler Asia Pacific.

"The company will focus on automotive technologies, automotive after-market services and other industries with high potential growth in Thailand," he said.

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