BCPG joins hands with Ampace, a joint venture of ATL and CATL, to build a battery manufacturing business.
BCPG joins hands with Ampace, a joint venture of ATL and CATL, to build a battery manufacturing business to meet household electricity demand. medium industry and electric motorcycles
Mr. Niwat Adirek, Chief Executive Officer and President of BCPG Public Company Limited, and Mr. Jerry Jia, Chief Executive Officer of Xiamen Ampace Technology Limited, signed a Memorandum of Understanding (MOU) to develop battery businesses for the electric vehicle (EV) industry (two-wheelers and three-wheelers), residential and commercial industrial battery installations, and opportunities to establish a battery manufacturing plant at the module/pack and cell levels to meet the demands of the Thai and Southeast Asian markets. The signing ceremony took place at BCPG's headquarters in the M Tower building.
Mr. Niwat Adirek, CEO and President of BCPG, revealed that this Memorandum of Understanding (MOU) focuses on the battery business for household and medium-sized industries, as well as electric motorcycles, including batteries and management systems. BCPG sees business opportunities in batteries that can build upon the businesses already undertaken by the company and its subsidiaries in Bangchak, such as Bangchak's Winnonie electric motorcycle service, BCPG's expertise in energy management and digital business development combined with blockchain technology. Examples include the Town Sukhumvit 77 (T77) project and the Chiang Mai University Smart City (CMU Smart City) project, which utilize diverse digital energy solutions to efficiently use clean energy to support large-scale cities, reduce energy costs, and prepare for rising fuel and electricity prices.
In 2568, the government has set a target The use of electric motorcycles in Thailand is 360,000 units, with the average price of electric motorcycles after receiving government support at 50,000 baht/car, with the overall market value approximately 18,000 million baht. Solar Rooftops in Thailand will grow exponentially by more than 22% per year on average. Or reach 67,000 million baht in 2568, with 30 percent of the electricity consumption in the household sector.
Most electricity users are not at home during the daytime. Installing batteries to store electricity generated by rooftop solar during the day. and used during the early evening hours (18.00:22.00 p.m. - XNUMX:XNUMX p.m.), when the base electricity price is high. It will cause the use of electricity from clean energy to be more efficient and cost-effective. The cooperation between BCPG and Ampace will support each other in creating new S-curve businesses in the near future,” Mr. Niwat concluded.
Xiamen Empress Technology Co., Ltd. is a joint venture between Amperex Technology Limited (ATL, Hong Kong Special Administrative Region of China) and Contemporary Amperex Technology Co., Limited (CATL, Fujian China). Develop production, service, and business development that uses medium-sized batteries, such as batteries in electric motorcycles. Batteries installed in the household and industrial sectors. In the past year 2565, the company had a total sales value of 467 million US dollars.
