In a significant stride towards sustainable mobility, the CEO of LOCA announced at the ZEEKR Launch event that the company is now operating 20 DC Fast charging stations across Laos. Demonstrating an ambitious vision for the future, LOCA aims to double this number, reaching a total of 40 stations by Contact online >>
In a significant stride towards sustainable mobility, the CEO of LOCA announced at the ZEEKR Launch event that the company is now operating 20 DC Fast charging stations across Laos. Demonstrating an ambitious vision for the future, LOCA aims to double this number, reaching a total of 40 stations by the end of 2024.
This announcement underscores LOCA’s commitment to expanding electric vehicle (EV) charging infrastructure, aligning with Laos’s national goals for economic and environmental sustainability.
The government of Laos, along with parliamentary support, has endorsed the EV transition as a strategic response to economic challenges. Transitioning to electric vehicles is seen as a pivotal move to curb the rising demand for gasoline in the short term and to reduce long-term dependence on oil imports. Laos, with its abundant clean energy resources, is positioned to make a significant shift towards sustainable energy consumption, provided there is continued improvement in its power infrastructure.
During the 15th Lao Business Forum, the Prime Minister highlighted the government’s efforts to encourage the adoption of EVs, including imposing higher excise taxes on internal combustion engine (ICE) vehicles. Despite these measures, the importation of ICE vehicles has not slowed, increasing the demand for oil imports and underscoring the urgent need for a shift to EVs. The government might be considering further restrictions on the importation of ICE vehicles to accelerate this transition.
LOCA stands at the forefront of this transformative journey, leading the market in building a comprehensive EV charging network. With plans to expand the network to 100 stations by 2026, LOCA’s efforts are pivotal in supporting the country’s transition to electric mobility.
A significant aspect of the EV adoption wave in Laos is the substantial cost savings reported by EV drivers. Data from actual EV users reveals a dramatic decrease in energy costs compared to traditional gasoline vehicles. For every USD 100 spent on gasoline, EV drivers now only spend about USD 10 on electricity for the same distance traveled.
This stark difference in operating costs, combined with the decreasing prices of EVs, is making electric vehicles an increasingly popular choice among new car buyers in Laos. As of December 2023, a total of 3,598 electric vehicles (cars) have been imported into the country so far, with 2,101 imported in 2023 alone. This represents 25.1 percent of all new passenger cars (Sedan & SUV segment) imported in 2023, signaling a significant shift in consumer preference towards sustainable transportation options.
LOCA’s ongoing efforts, supported by proactive government policies, are significantly contributing to the growth of the EV market in Laos. By capitalizing on clean energy resources and advancing power infrastructure, Laos is set on a promising path toward achieving its economic and environmental goals through electric mobility.
VIENTIANE, April 3 (Xinhua) — Laos has taken a step towards the development of electric vehicles with the launch of a pilot project of vehicle battery charging stations.
The Lao Ministry of Energy and Mines is set to work with the private sector on the project as part of efforts to promote the use of electric vehicles (EVs) and support the government’s move to minimize the use of fossil fuels, local daily Vientiane Times reported on Wednesday.
“We are heavily dependent on imported fossil fuels, which always causes a huge deficit annually. Therefore, this pilot project on the use of electric vehicles will be very helpful in decreasing the consumption of fuel,” Minister of Energy and Mines, Khammany Inthirath said during an event on Tuesday to sign a Memorandum of Understanding (MoU) on the project.
“Laos has abundant potential for the use of natural resources such as water, solar power and wind, and waste. These could be used to generate 26,000 MW. So far, about 20 percent of this potential has been developed,” he said.
Prior to a workshop on electric vehicles, state-run Electricite du Laos (EDL) signed an MoU with EV Lao Co., Ltd for a feasibility study on charging stations, which will be jointly implemented by the two sectors.
EDL’s Managing Director, Boun-oum Syvanpheng, said his firm has been actively studying charging systems for electric vehicles as part of preparations for changing over to clean energy.
President of EV Lao Co., Ltd Bounleuth Luangpraseuth said charging stations could be installed at public and private locations and called for recommendations from the public and private sector for the development and operation of electric vehicles in Laos.
About Laos electric vehicle charging
As the photovoltaic (PV) industry continues to evolve, advancements in Laos electric vehicle charging have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Laos electric vehicle charging for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Laos electric vehicle charging featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
