Mercedes to expand car battery production in Thailand
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 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.
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...
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 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.
