GAC Energy signs strategic cooperation agreement with Confucius Institution at Mahasarakham University to deploy charging facilities in Thailand

Published: Nov 25, 2024 17:28
Source: gasgoo
GAC Energy signed a framework cooperation agreement with the Confucius Institute at Mahasarakham University in Mahasarakham Province, Thailand.

Shanghai (Gasgoo)- On November 22, GAC Energy Technology (Thailand) Co., Ltd. ("GAC Energy") signed a framework cooperation agreement with the Confucius Institute at Mahasarakham University in Mahasarakham Province, Thailand, according to a post on GAC Energy's WeChat account.

GAC Energy, the energy facility and service operator under GAC Group, is dedicated to establishing a network of electric vehicles (EVs) charging infrastructure in Thailand. Leveraging its ultra-fast charging technology and extensive experience in infrastructure construction, GAC Energy is driving its "100 Cities, 1,000 Charging Piles" initiative. The company has already built and is operating 19 fast-charging stations in Thailand. By 2028, GAC Energy aims to establish a network of 200 super charging stations with 1,000 chargers in 100 cities across Thailand.

Under the agreement, the Confucius Institute at Mahasarakham University will lead efforts to connect GAC Energy with site resources at its own location as well as 18 other Confucius Institutes across Thailand. Together, they will jointly build EV charging stations. GAC Energy will invest in and install 100 Aion AC smart charging stations a the initial stage of the cooperation, with plans to expand the network further in response to increasing demand.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
SMM NEV NEWS
May 6, 2026 18:32
SMM NEV NEWS
Read More
SMM NEV NEWS
SMM NEV NEWS
According to Japanese media reports on the 6th, Honda is in discussions with the Canadian government to scrap its planned electric vehicle, battery and cathode material plant in Ontario. First announced in April 2024, the 15-billion-Canadian-dollar project was Honda’s largest-ever investment, targeting annual output of 240,000 EVs. Due to external policy shifts, Honda delayed production from 2028 to 2030+ last May and began re-evaluating the plan. The firm has now decided to terminate the project, citing the end of U.S. EV tax credits and delayed U.S.-Canada trade talks. The move is part of its global business restructuring. Since last November, Honda has adopted an emergency management regime to ease financial strain from heavy EV investments and weak EV demand.
May 6, 2026 18:32
Onsemi Q1 Results Beat Expectations, AI Business Accelerates Growth
May 6, 2026 15:31
Onsemi Q1 Results Beat Expectations, AI Business Accelerates Growth
Read More
Onsemi Q1 Results Beat Expectations, AI Business Accelerates Growth
Onsemi Q1 Results Beat Expectations, AI Business Accelerates Growth
[onsemi Reports Q1 2026 Results] In Q1 this year, onsemi reported revenue of $1.513 billion, exceeding the midpoint of the company's guidance. Q1 GAAP operating margin was 3.5%, and non-GAAP operating margin was 19.1%. Hassane El Khoury, president and CEO of onsemi, stated: "As market demand continued to strengthen in Q1, our results exceeded expectations, and we have emerged from the industry cycle trough onto a path of recovery. Our AI data center business accelerated, growing more than 30% QoQ. Looking ahead, we are confident in our business fundamentals and the long-term opportunities driven by increasing semiconductor content in automotive, industrial, and AI data center applications.
May 6, 2026 15:31
Sensata Technologies Q1 Sales Reached $934.8 Million, Up 2.6%
May 6, 2026 15:31
Sensata Technologies Q1 Sales Reached $934.8 Million, Up 2.6%
Read More
Sensata Technologies Q1 Sales Reached $934.8 Million, Up 2.6%
Sensata Technologies Q1 Sales Reached $934.8 Million, Up 2.6%
[Sensata Technologies Q1 Sales Reached $934.8 Million, Up 2.6% YoY] Recently, Sensata Technologies officially released its Q1 2026 financial results: sales were $934.8 million, up 2.6% YoY. Adjusted operating income was $174 million, accounting for 18.6% of sales, and adjusted earnings per share reached $0.86.
May 6, 2026 15:31
GAC Energy signs strategic cooperation agreement with Confucius Institution at Mahasarakham University to deploy charging facilities in Thailand - Shanghai Metals Market (SMM)