Studying China’s New Energy Automobile Industry Development Plan under the Made in China 2025 Strategy to Develop Thailand’s New Energy Automotive Industry

Authors

  • Kobboon VIRIYAYINGYONG School of Sinology, Mae Fah Luang University, Chiang Rai, Thailand
  • Banthita PATHRAVISHKUL School of Sinology, Mae Fah Luang University, Chiang Rai, Thailand

Keywords:

Made in China 2025, Electric car, EEC, New energy automobile industry

Abstract

The Made in China 2025 strategy is an economic and social development plan implemented by the People’s Republic of China, with a specific emphasis on the advancement of the manufacturing industry. As for the Eastern Economic Corridor (EEC), the primary goal is to develop Thailand’s Eastern Seaboard industry. Since the Made in China 2025 strategy and EEC have shared the similarities in support for developing a new energy automobile industry, at present China has developed higher technology for producing electric cars. It is an important producer and consumer in the electric vehicle market. Thailand serves as a manufacturing hub for various foreign companies. Therefore, this article studies the current state of development in the new energy automotive industry in China and Thailand, with a specific focus on government assistance policies, including analyzing the strengths and weaknesses of the electric car industry in China and Thailand, cost barriers and production capacity in Thailand, and opportunities and guidelines for developing the electric vehicle industry in Thailand under the cooperation of the EEC and Made in China 2025 to provide guidelines for the future development of Thailand’s electric vehicle industry to become a leader. As a result, Thailand has the strength to become a leader in the electric vehicle industry. Simultaneously, it is plausible to apply the weaknesses of China’s development policies in comprehensive ways, such as promoting the electric vehicle manufacturing industry and providing guidelines for increasing domestic demand.

References

Bangkok Bank. (2023). Keep an eye on the big players in the EV industry, setting up investment bases in Thailand, and enter the ASEAN market. https://www.bangkokbanksme.com/en/23-9sme1-ev-industry-establishes-investment- base-in-thailand

China Briefing. (2019). What is Made in China 2025, why it makes the world so nervous.

https://www.china-briefing.com/news/什么是《中国制造2025》,为何它会让世界如 此紧张/

China Daily. (2024). By the end of 2023, my country has built a total of 8.596 million charging infrastructure. https://www.gov.cn/lianbo/bumen/202403/content_6939863.htm

China Energy Net. (2024). World New Energy Vehicle Sales in 2023: 1.28 Million Units in China. https://www.china5e.com/m/news/news-1165203-1.html

Department of International Trade Promotion. (2021). China has maintained a leading position in the world electric car market for 6 consecutive years. https://www.ditp.go.th/contents_attach/759213/759213.pdf

Department of International Trade Promotion. (2023). Looking at the success factors of Chinese new energy vehicle brands in the global market. http://www.ditp.go.th/zh/post/124155

Dixon, Tim. (2017). China Green Licence Plate Scheme Going National.

https://cleantechnica.com/2017/12/10/china-green-licence-plate-scheme-going-national/

Kobkaew, Jaturong. (2021). EEC Model, a model for modern education throughout the country. https://www.salika.co/2021/03/20/eec-model-master-modern-studies-thailand/

Laotaweesap, Nattakrit. (2021). “China's Megatrends” Chinese economic and China 14th Five-Year Plan for National Economic and Social Development. https://forbesthailand.com/commentaries/economic-outlook/chinas-megatrends- เศรษฐกิจจีน-กับ-แผน

Lee, Amanda. (2018). China’s electric car market is growing twice as fast as the US. Here’s

why. https://www.scmp.com/business/companies/article/2143646/chinas-ev-market-growing-twice-fast-us-heres-why

Leingchan, Rachot. (2022). Electric cars: Needs and opportunities are coming.

https://www.krungsri.com/th/researchesearch-intelligence/ev-survey-22

Ministry of Energy. (2015). Energy Efficiency Plan; 2015 –2036. http://eetransport.dede.go.th/transport/content/show?id=10

Ministry of Transport. (2019). Final report of strategy and action plan for promoting small

and medium-sized businesses Electric vehicle industry branch. https://www.otp.go.th/uploads/tiny_uploads/ProjectOTP/2561/Project10/FinalReport.pdf

Mueanmart, Atthasit. (2021). Look at the progress of the EEC’s EV conversion mission, a strategy to prepare Thailand. Smooth transition to the electric car industry [ส่องความคืบหน้าภารกิจปั้น EV Conversion ของ EEC ยุทธศาสตร์เตรียมความพร้อมให้ประเทศไทย เปลี่ยนผ่านสู่อุตสาหกรรมยานยนต์ไฟฟ้าได้อย่างราบรื่น]. https://www.salika.co/2021/09/28/ev-conversion-eec-hdc-latest-update/

Primo Service Solution Company Limited. (2022). Let's get to know the Eastern Economic Corridor or EEC. https://primo.co.th/บทความ/ทำความรู้จัก-eastern-economic-

corridor-หรือ-eec-กั/

Royal Thai Government. (2022). The government aims “Thailand is a center for producing electric vehicles.” It is expected that in 2020 the country's GDP will be no less than 200,000 million baht. https://www.thaigov.go.th/infographic/contents/details/5145

Salika. (2021). EV conversion industry of hope. https://www.salika.co/2021/11/29/thailand-ev-conversion-industry/

Srilert, Nakarin. (2022). “Zinc Ion” pilot factory pinned on “EECi” to produce EV batteries.

https://www.bangkokbiznews.com/business/998641

Thailand Board of Investment. (2020). Thailand BOI approves new EV package, and over 35 billion baht in large investment projects. https://www.boi.go.th/upload/content/no.140_2563.pdf

Thai-Smartgrid. (2021). Guidelines for promoting electric vehicles (EV) in the country according to the 30@30 policy. https://thai-smartgrid.com/ev-3030-plan/

Thansettakij. (2023). Thailand and being an important EV production center in the world.

https://www.thansettakij.com/business/552265

The Government Public Relations Department. (2022). Move forward to support the use of electric cars hoping to reduce oil use - reduce environmental problems.

https://www.prd.go.th/th/content/category/detail/id/9/cid//iid/103891

TNN ONLINE. (2021). 4 ASEAN tigers start a battle to compete for the throne of “electric car” Thailand removes the dragon model. https://www.tnnthailand.com/news/wealth/82285/

Trade Policy and Strategy Office. (2023). Electric vehicle situation Thai opportunities and challenges. https://คิดค้า.com/wp-content/uploads/2024/03/รายงานสถานการณ์รถยนต์ ไฟฟ้า_2023.pdf

Wansirikul, Manisorn. (2022). Survey of EV car registrations in 2022. Just the total for 10 months is more than 10 years combined. https://urbancreature.co/electric-vehicle- car-registration/

Xinhuanet. (2017). China Focus: China leads new energy vehicle development.

http://www.xinhuanet.com//english/2017-07/16/c_136447876.htm

Yeung, Godfrey. (2019). “Made in China 2025”: The development of a new energy vehicle

industry in China. https://www.researchgate.net/publication/327457743_%27Made_in

_China_2025%27_the_development_of_a_new_energy_vehicle_industry_in_China

Published

2024-12-22

How to Cite

VIRIYAYINGYONG, K., & PATHRAVISHKUL, B. . (2024). Studying China’s New Energy Automobile Industry Development Plan under the Made in China 2025 Strategy to Develop Thailand’s New Energy Automotive Industry. Journal of Sinology, 18(2), 185–199. Retrieved from https://journal.mfu.ac.th/index.php/jsino/article/view/138

Issue

Section

Academic Articles

Most read articles by the same author(s)