Following years of market domination by the conventional automobile industry, EV technology is now emerging as an environment-friendlier alternative, opening up various new opportunities for businesses as well as consumers all around the world. EV development permeates the whole chain of the present automotive industry, from the manufacturing and distribution sectors to subscription and ride-sharing or ride-hailing businesses. To operate an EV business in Thailand, there are certain legal concerns you need to take into account.
Amidst the surging interest in environmental, social and governance considerations, the Ministry of Industry has revised the obligations under its notification on certain factory operators in monitoring and reporting air pollution data. The aim of this notification is to bring up to date the current requirements, extend the coverage of applicability and help improve the availability of emission data to the public.
In our previous article, we discussed international human rights due diligence (HRDD) trends, essential element in the “S” of the ESG (environment, social and governance) movement. In this article, we will take a closer look at HRDD trends in Thailand and what the implications might be for business operators in Thailand.
In our previous article, we discussed the substantial elements in the “S” of the ESG (Environment, Social and Governance) movement in terms of human rights due diligence (HRDD), its importance, and background. In this article, we will take an in-depth look at recent international HRDD trends.
The global trend on sustainability is gaining momentum in many aspects. Corporate entities are being obliged to operate with more sophisticated social responsibility towards all stakeholders. This time we discuss the developing legal landscape of human rights due diligence, another elements in the “S” of the ESG (environment, social and governance) movement.
The ecosystem of the electric vehicle (EV) market is huge and requires significant investment. While the market forecast is bright, many existing players are still waiting for the right time to invest, not to mention new players considering entering into this emerging market. One of the key drivers to activate the consumers’ buying motivation, the primary factor for advancement of the EV market to the next stage, involves financial incentives.
Among the major elements of CASE, the “E” (Electrification) is the most discussed element to date. Electric vehicles (EVs) are expected to have the largest market impact on the automotive industry in the near future as well as contribute to the transformation in the structure of the global automotive supply chain.