Mercedes to expand car battery production in Thailand

Mercedes to expand car battery production in ThailandGerman car builder Mercedes-Benz announced on March 14 that it will invest around €100 million ($123 million) jointly with its Thai partner Thonburi Automotive Assembly Plant Co Ltd to expand an existing car battery factory in Thailand and also to set up a new facility to produce high-performance batteries for hybrid cars.

The joint investment will be used for an extension to the facilities of Mercedes/Thonburi Automotive in Samut Prakan province just southeast of Bangkok and for a new battery assembly facility that will manufacture lithium-ion batteries for plug-in hybrid electric vehicles, Mercedes-Benz’s parent company Daimler said.

Overall, 300 new jobs will be created, 100 of them in the new battery factory.

“The battery production in Thailand will enhance our global battery production network to six factories on the three continents,” said Markus Schaefer, divisional board member responsible for production and supply chain at Mercedes-Benz Cars.

The new battery factory is scheduled to start production in 2019, mainly supplying batteries for Mercedes’ plug-in hybrid vehicles that are assembled locally. Thonburi Automotive currently assembles nine Mercedes models.

Mercedes-Benz has one of the most aggressive electrification plans amongst established automakers. They plan to offer electric versions of all their car models by 2022.



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German car builder Mercedes-Benz announced on March 14 that it will invest around €100 million ($123 million) jointly with its Thai partner Thonburi Automotive Assembly Plant Co Ltd to expand an existing car battery factory in Thailand and also to set up a new facility to produce high-performance batteries for hybrid cars. The joint investment will be used for an extension to the facilities of Mercedes/Thonburi Automotive in Samut Prakan province just southeast of Bangkok and for a new battery assembly facility that will manufacture lithium-ion batteries for plug-in hybrid electric vehicles, Mercedes-Benz's parent company Daimler said. Overall, 300 new...

Mercedes to expand car battery production in ThailandGerman car builder Mercedes-Benz announced on March 14 that it will invest around €100 million ($123 million) jointly with its Thai partner Thonburi Automotive Assembly Plant Co Ltd to expand an existing car battery factory in Thailand and also to set up a new facility to produce high-performance batteries for hybrid cars.

The joint investment will be used for an extension to the facilities of Mercedes/Thonburi Automotive in Samut Prakan province just southeast of Bangkok and for a new battery assembly facility that will manufacture lithium-ion batteries for plug-in hybrid electric vehicles, Mercedes-Benz’s parent company Daimler said.

Overall, 300 new jobs will be created, 100 of them in the new battery factory.

“The battery production in Thailand will enhance our global battery production network to six factories on the three continents,” said Markus Schaefer, divisional board member responsible for production and supply chain at Mercedes-Benz Cars.

The new battery factory is scheduled to start production in 2019, mainly supplying batteries for Mercedes’ plug-in hybrid vehicles that are assembled locally. Thonburi Automotive currently assembles nine Mercedes models.

Mercedes-Benz has one of the most aggressive electrification plans amongst established automakers. They plan to offer electric versions of all their car models by 2022.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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