Published 3/14/2018 12:30 AM: 56CET
STUTTGART (GERMANY), 14 Mar. (EUROPA PRESS) –
The Mercedes-Benz Cars automobile group will invest 100 million euros in Bangkok, together with its local partner TAAP, for the production of electric vehicle batteries, the German company said in a statement.
This investment will go towards the expansion of the existing car plant, as well as the creation of a new battery production facility. In total, the disbursement will create 300 additional employees.
“The electric initiative in the flexible and efficient global production network of Mercedes-Benz Cars is progressing well and with maximum speed.As part of our strategy, we are now preparing for the future of electromobility in Thailand, together with our partner TAAP “, has assured the member of the board of directors of Mercedes-Benz Cars with responsibility in Production and Supply Chain, Markus Schäfer.
With the new factory, Mercedes-Benz will have a worldwide network with six battery production facilities, which guarantees the availability of batteries through local production centers and “places Mercedes-Benz in a highly competitive position for its initiative. electric. “
“This new movement reflects the confidence that the German automaker has in Thailand as its key production base in this region,” said Thai Industry Minister Uttama Savanayana.
Part of the joint investment of Mercedes-Benz and TAAP will go to the expansion of the existing vehicle plant, to increase the volume of production and add new models.
“At Mercedes-Benz Thailand, we are committed to offering the best to our customers today and tomorrow.” The current investment reflects our confidence in the potential of the passenger car market in Thailand, especially for hybrid plug-in models, “said the president and adviser. delegate of Mercedes-Benz Thailand, Michael Grewe.