Thailand-based SakunC Innovation Co to deliver lightweight aluminium electric minibuses in Q1 2020

AL Circle

SakunC Innovation Co, expertise in building boats and vehicles with lightweight aluminium, will reportedly deliver the first batch of 208 units of electric minibuses to local customers in the first quarter of 2020. Marketed by the SakunC brand, the vehicle is priced at 2.3 million a unit, said chief executive Weeraphon Techaphasuksanti.

SakunC Innovation to deliver aluminium electric minibuses

{alcircleadd}

The assembling of the vehicle will take place at the company’s plant in Suphan Buri, which has the capacity to make 2,800 such units in a year.

The plant required an investment of 1 billion Thailand Baht and received perks from the Board of Investment, according to the report. SakunC expects that by the end of this year, the revenue will reach 100 million Thai Baht, and by the year next to 800 million Thai Baht. Thanks to its wide range of products in the market, namely electric buses, electric minibuses, and electric boats.

"The growth next year will mainly stem from new orders and should be supported by the government's policy in promoting electric vehicles [EVs], which should stimulate demand," said Mr Weeraphon.

Aluminium foil report

SakunC also plans to go public in the next three years to raise public funds on the Stock Exchange of Thailand for expanding business overseas.

Mr Weeraphon said SakunC also formed collaboration with the government to develop EVs and provide them to private and public bus organisations. Its recent project also included boat-building, in collaboration with Science and Technology Ministry, using lightweight aluminium to make water transport safer.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals.

Alternate Text
XIAN HUAN-TAI TECHNOLOGY

Your reliable partner in aluminum casthouse equipment and products

Alternate Text
Fioscope

Fioscope provide air-cooled camera technology for high temperature applications

Related
Business Leads
We have a requirement of an aluminium solar frame. Refer to ...
15 Oct 2024 Buying request

We have requirement of aluminium section domal window. Dest...
03 Oct 2024 Buying request

We need double edge cutting machine for aluminium doors and ...
22 Aug 2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads