Exclusive interview丨The pan-politicization of production capacity issues is not conducive to global green transformation and the development of emerging industries - Interview with Chai Weicai, Senior Vice President of Kasikornbank in Thailand Transformation | Cai Wei | Cai Weicai

Release time:May 24, 2024 07:19 AM

Bangkok, May 23rd, Exclusive Interview | Pan-politicization of production capacity issues is not conducive to global green transformation and the development of emerging industries - Interview with Chai Wee Chai, Senior Vice President of Kasikornbank, Thailand

Chai Wee Chai, senior vice president of Thailand's Kasikornbank, said in an exclusive interview with reporters recently that some U.S. politicians and media are hyping up China's overcapacity in new energy and that the U.S. is imposing tariffs on Chinese electric vehicles and other products. This is a pan-politicization of economic and trade issues and is not good for the world. Green transformation and the development of emerging industries.

This is the Euler Haomao new energy vehicle taken at the Great Wall New Energy Vehicle Manufacturing Base in Rayong, Thailand on January 12. Photo by reporter Wang Teng

Cai Weicai said that from a global perspective, there is no excess capacity in new energy. China has laid out early and invested heavily in new energy products, and has a mature industrial chain and supply chain. "China's new energy products are very competitive in the global market. They are not only supplied to China's domestic market, but also popular in the global market. This is The result of full market competition."

Thailand is an important automobile producer in Southeast Asia. In recent years, Thailand has actively promoted the electrification of automobiles and introduced many policies to support the development of the electric automobile industry. "Chinese electric vehicles are selling very well in Thailand and are leading the market. Chinese electric vehicle manufacturers play a very important role in the electrification of Thai vehicles." Cai Weicai said.

Cai Weicai pointed out that there is a huge upstream and downstream chain behind the automobile industry. Chinese car companies not only bring high-quality and affordable products to Thai consumers, but also set up factories in Thailand to bring upstream and downstream industries such as lithium batteries and charging piles. This has promoted the development and transformation of Thailand's automobile industry and boosted investment and employment in Thailand.

On January 12, workers worked in the production workshop of Great Wall New Energy Vehicle Manufacturing Base in Rayong, Thailand. Photo by reporter Wang Teng

Cai Weicai said that Bangkok has always had serious traffic congestion problems, which has caused a lot of trouble to local residents and tourists, and there is an urgent need to develop green and low-carbon transportation. Nowadays, not only Chinese-made private cars can be seen on the streets of Bangkok, but also Chinese-made electric taxis and light rail trains. This is very helpful for Bangkok to solve traffic congestion problems and improve the city's image.

"Chinese electric vehicles sell more globally, and they are actually contributing to global green development." Cai Weicai said that in recent years, Thailand has not only introduced new energy vehicles from China, but also introduced the solar energy industry. China's new energy industry helps accelerate the global transition to clean energy, and China plays a key role in helping developing countries achieve green transition.

In Cai Weicai's view, green and low-carbon is the general trend. The global demand for green production capacity far exceeds output, and the development space for the new energy industry is still very broad. Hyping up the "China's new energy overcapacity theory" is untenable and will only hinder the green transformation of the global economy and the development of emerging industries.

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related inventions
May 25, 2024 21:20 PM
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play word games
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What is excess capacity? What is the specific production capacity? We can’t finish the clothes we make and export them to other countries. Is this called overcapacity? If you can't finish the food you grow yourself and sell it to your neighbors in need, is that called overcapacity?
May 25, 2024 17:58 PM
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For example, during the SARS period, the salt harvest was not used up for 20 years. [surprise]
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