Industry Spotlight: Thailand's Automotive Industry

This work can also be done using lasers; especially nanosecond lasers achieve similar throughput rates to etching processes. No matter what the material, ultrashort pulse lasers can ablate even in the micrometer range with high precision. Ultrashort pulse lasers have for many years been the tool of choice for processing micromaterials. Ultrashort pulse lasers emitting picosecond pulses might not achieve the required throughput rates, but they can perform ultra-precise ablation. New laser machine for the automotive industryA glance into a vehicle's interior is enough to see that detailed structures convey the feeling of exclusivity.


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China 2025, The OEM Automotive Industry And Critical Materials

This industrial policy by the PRC is in fact what is right now driving the critical materials for OEM automotive commodity market globally. Over the coming decade 2017-2027 the driver of demand for critical materials is most likely to be China's industrial policy, known as China Manufacturing 2025. Can private equity on its own compete with capitalism with Chinese characteristics in the OEM automotive industry? Without any further ado I will tell you that the most critical materials for the Chinese OEM automotive industry are those that are used to manufacture batteries for the powertrains of electrified vehicles, EVs. I personally do not think so, but for investors in critical materials it doesn't matter there will now be an at least one decade long daily increasing demand for critical materials for the OEM automotive industry's EV changeover just in China.




The government is also supporting eco-car production by providing incentives to manufacturers such as income tax exemption for a fixed period, excise tax incentives, and other tax incentives. Almost 75 percent of the country's automotive exports are automotive parts, followed by engines and spare parts. Automotive ClusterThe automotive cluster in Thailand includes 700 Tier 1 companies, and 1,700 Tier 2, and 3 companies employing almost 80 percent of the total automotive workforce. As of 2016, Thailand stands as the 13th largest automotive manufacturer in the world. By: Koushan DasEstablished over 50 years ago, Thailand's automotive sector has developed into the biggest automotive hub in Southeast Asia and one of the largest in the world.


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collected by :John Max

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