Aionex Expands Strategic Investment in Thailand to Accelerate Two-Wheeler EV Ecosystem
Taiwan-Thailand EV venture boosts capital and platform strategy to scale open smart battery solutions and regional electrification
Aionex, the Taiwanese-Thai joint venture focused on electric two-wheeler solutions, has announced a major capital increase and strategic board restructuring as it deepens its commitment to Thailand and the broader Southeast Asian electric vehicle sector.
The investment, led by Kymco Capital, has elevated its shareholding in Aionex to a controlling 55 per cent, while Thai partner Arun Plus retains a significant strategic stake of roughly 25 per cent, reflecting a refined alignment of interests and resources to deliver next-generation EV infrastructure and services.
The board changes and enhanced funding are designed to reinforce Aionex’s development of its open-architecture smart battery platform (ASBP), which integrates Battery-as-a-Service, Vehicle-as-a-Service and Energy-as-a-Service solutions to support a more accessible, cost-efficient and scalable electric two-wheeler ecosystem across the region.
Aionex’s chief executive emphasised that the increased investment underlines the venture’s long-term commitment to Thailand, pointing to technology transfer, capital innovation and multi-partner collaboration as cornerstones of its strategy to accelerate electric mobility adoption.
The firm plans to leverage Taiwan’s engineering and manufacturing expertise alongside Thailand’s energy infrastructure and local market leadership to build a comprehensive EV ecosystem that encompasses battery swapping networks, smart platform services and connected vehicle solutions.
Through the ASBP initiative, Aionex aims to lower barriers for manufacturers and operators by enabling them to deploy battery infrastructure without substantial upfront costs, while providing real-time data analytics to optimise vehicle performance and service operations.
The company also anticipates that Thailand’s government objectives for reduced emissions and sustainable transport will create favourable conditions for EV growth, with a coordinated approach to electrification expected to support urban emission reductions and broaden access to clean energy mobility.
Looking forward, Aionex is positioning itself as a hub for regional electric two-wheeler deployment, attracting interest from international energy and automotive investors and reinforcing Thailand’s role as a key market in Southeast Asia’s EV transformation.
The investment, led by Kymco Capital, has elevated its shareholding in Aionex to a controlling 55 per cent, while Thai partner Arun Plus retains a significant strategic stake of roughly 25 per cent, reflecting a refined alignment of interests and resources to deliver next-generation EV infrastructure and services.
The board changes and enhanced funding are designed to reinforce Aionex’s development of its open-architecture smart battery platform (ASBP), which integrates Battery-as-a-Service, Vehicle-as-a-Service and Energy-as-a-Service solutions to support a more accessible, cost-efficient and scalable electric two-wheeler ecosystem across the region.
Aionex’s chief executive emphasised that the increased investment underlines the venture’s long-term commitment to Thailand, pointing to technology transfer, capital innovation and multi-partner collaboration as cornerstones of its strategy to accelerate electric mobility adoption.
The firm plans to leverage Taiwan’s engineering and manufacturing expertise alongside Thailand’s energy infrastructure and local market leadership to build a comprehensive EV ecosystem that encompasses battery swapping networks, smart platform services and connected vehicle solutions.
Through the ASBP initiative, Aionex aims to lower barriers for manufacturers and operators by enabling them to deploy battery infrastructure without substantial upfront costs, while providing real-time data analytics to optimise vehicle performance and service operations.
The company also anticipates that Thailand’s government objectives for reduced emissions and sustainable transport will create favourable conditions for EV growth, with a coordinated approach to electrification expected to support urban emission reductions and broaden access to clean energy mobility.
Looking forward, Aionex is positioning itself as a hub for regional electric two-wheeler deployment, attracting interest from international energy and automotive investors and reinforcing Thailand’s role as a key market in Southeast Asia’s EV transformation.
