Egat partners Spanish startup to enter electric vehicle charging business
The Electricity Generating Authority of Thailand (Egat) has joined hands with Spain's Wallbox Chargers SL to enter the smart electric vehicle charging service business.
Egat assistant governor Jiraporn Sirikum said that the company had signed a partnership agreement on September 28 with Wallbox Chargers SL, a Spanish startup company that has been successful in developing and manufacturing the world's first residential-use smart bi-directional charger, to jointly develop the Smart EV charging service charger between electric vehicles and the electric systems.
The National Power Regulatory will amend the regulations for electricity supply from electric vehicles back to the power system. The Energy Regulatory Commission will prepare the Thai power system to support virtual power plant innovation to buy electricity from the electric vehicle battery into the electric system, especially during peak hours of electricity demand, as a backup system to help strengthen the country's electricity security.
Wallbox Chargers SL will help Egat develop a smart electric vehicle charging service that is suitable for Thailand.
Egat has been granted the right to provide maintenance services and equipment installation, including the software myWallbox service, to manage the EV charging station system of operators under the Wallbox brand.
In the first phase, Egat has started providing Wallbox service to car manufacturers and prepare to develop a hotel business model to attract other organisations to join EV life.
