Quantum Solutions Starts Production of Electric Vehicles in Thailand

Quantum Solutions (Quantum)  announced that it has started production of its FOMM ONE EV model in Thailand in an important milestone for Quantum's transition to providing affordable and reliable mobility solutions.

The production run of FOMM ONE cars, which is one of the world's smallest four-seater EV models and utilizes patented technology invented by Japanese auto engineers, began in July in Thailand, re-affirming its commitment to the country's transition to a net carbon-zero society by targeting sales locally.

Simon Zhang, Quantum's chief executive who manages the company's overseas platform, said, "Thailand plays a pivotal role in auto manufacturing in Asia and the potential for its domestic EV market cannot be overlooked, which is why we are excited that Thailand is a part of our global strategy."

Many car makers already have manufacturing facilities in Thailand, which makes it a regional hub for the auto industry.

In addition, several major Japanese automakers have research and development facilities in Thailand that can serve as a springboard for the country's transition away from transportation based on internal-combustion engines.

The Thai government plans to increase the number of registered EVs to 1.2 million units around 2030, which is more than six times the number of registered EVs in 2020, a report said, which highlights the huge potential for growth.