Siam Cement develops cost-effective hydrogen for green mobility

Company aims to build value chain for both EVs and hydrogen vehicles

20240214 Thammasak Sethaudom 1

Siam Cement Group CEO Thammasak Sethaudom speaks to Nikkei Asia in Bangkok on Feb. 14. (Photo by Hiroki Endo)

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer

BANGKOK -- As Thai companies try to ride the rising wave of electric vehicles, the country's major industrial conglomerate Siam Cement Group (SCG) is diversifying risk by exploring new business opportunities in other green mobility technologies, particularly hydrogen.

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