Electric Vehicle Component Production is Stepping Up: Delta Electronics (Thailand) New Factory is Put into Operation
AshleyApr 01, 2024, 11:49 AM
On March 23, Delta Electronics (Thailand) invested nearly 3 billion baht to complete the 30,400 square meter Delta Plant 8 and R&D Center in the Bangpoo Industrial Zone, which will help Delta Electronics expand production and R&D of electric vehicles (EV) power electronics products for global customers. Thailand's Prime Minister and Finance Minister Srettha Thavisin, the Ministry of Industry, and the Thailand Board of Investment (BOI) jointly attended the opening ceremony.
The completion of Delta Plant 8 and the R&D Center also marks the 35th anniversary of Delta Electronics' development in Thailand.
Delta Electronics (Thailand)'s electric vehicle solutions cover power control products including on-board chargers and DC converters, as well as power drive products including motor drivers and drive motors. The solutions also cover vehicle cooling solutions and passive components, and customers cover major automotive brands in Europe, the United States and Japan.
Delta Electronics (Thailand) President Jackie Chang said, "Currently, all-electric vehicle parts produced by Delta Electronics (Thailand) are 100% exported to Europe and the United States. However, once Thailand starts producing electric vehicles, some parts will be used in Thailand."
Delta Electronics (Thailand) was established in 1988 and listed on the Stock Exchange of Thailand in 1995, with consolidated revenue now exceeding $3.3 billion. The company has always been at the forefront of power management solutions and electronic component manufacturing and is the regional headquarters and manufacturing center for Southeast Asia, Australasia, and India. In 2019, it was merged into Delta Electronics by Delta Electronics (Thailand).
Delta Electronics (Thailand) is the only company in Thailand to be included in the Dow Jones Sustainability World Index "Electronic Equipment, Instruments, and Components" category for 2022-2023, and has also received recognition from the CDP for the sustainability of its Supply Chain Leadership for 2022. On February 5, 2024, it was included in the prestigious 2024 S&P Global Sustainability Yearbook.
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