Thailand has proposed a unique offer to Tesla, promising 100% green energy for the operation of this potential facility. The facility’s focus could be on either electric vehicles or battery production, as stated by Supakorn Congsomjit during a press briefing.
Tesla in talks for a factory in Thailand, report says https://t.co/X4IYK1hNDS by @fredericlambert
— Electrek.co (@ElectrekCo) March 4, 2024
Prime Minister Met Tesla Officials
The Prime Minister Srettha said that he and CEO Elon Musk recently met in New York, where they briefly discussed Tesla, SpaceX, and Starlink.
Tesla hosted Thailand’s Prime Minister at its Fremont Factory, hinting at a budding partnership between the EV maker and the Southeast Asian nation.
These discussions are part of broader talks aimed at establishing what has been referred to as “Gigafactory Thailand,” a development that could significantly enhance Tesla’s production capacity and supply chain efficiency in the region.
Tesla in Thailand
Further emphasizing Tesla’s interest in Thailand, the Prime Minister disclosed that he had recently escorted Tesla executives around various industrial estates, showcasing the country’s readiness to support high-tech investments.
The Thai Prime Minister has hinted at a $5 billion investment by Tesla in the proposed facility. This significant financial commitment reflects Tesla’s confidence in Thailand’s strategic position in the EV market and its capability to support advanced manufacturing processes
Amidst these promising negotiations, Tesla’s ambitions in Thailand are not solely focused on vehicle production. The company’s website also mentions a “Megafactory” capable of producing large-scale battery units, indicating a comprehensive plan for both vehicle and energy storage solutions in Thailand.
The prospect of a Tesla Thailand factory not only marks a significant milestone in the country’s industrial development but also represents a pivotal moment in Tesla’s global expansion strategy.
