Car manufacturer invests 100 million euros: Daimler builds battery plant in Thailand

03/14/2018

Car manufacturer invests 100 million euros Daimler builds battery plant in Thailand

DPA

Daimler boss Dieter Zetsche with an electric car study of its group: Batteries wants to produce the enterprise also in Thailand in the future.

The carmaker Daimler Show stock market chart wants to produce the batteries for its electric and hybrid vehicles from 2019 also in Thailand. In the capital Bangkok, in cooperation with the local partner TAAP, another battery plant is to be built, as the group announced on Wednesday.

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It is to become the sixth in the worldwide battery production network of the Stuttgart. In future, Daimler will have six battery plants on three continents, Germany, China and the USA. Already in operation is so far only in the Saxon Kamenz. A second in Kamenz as well as plants in Beijing, in the US Tuscaloosa and at the headquarters in Stuttgart-Untertürkheim are planned or under construction.

According to the information provided, Daimler is investing a good 100 million euros in the Bangkok site, part of which will also be used to expand the existing automobile plant. Last year, more than 12,000 Mercedes-Benz were produced there. 300 are to be added to the more than 1000 employees.

Daimler wants to produce the first all-electric car of the EQ brand from 2019, nine more models will follow. In addition, there will be an electrified version in every Mercedes segment until 2022.

The Swabians want to have at least one electric version in the program by 2022 in each vehicle segment. In total, more than 50 powered vehicle variants are planned.

cr / dpa-AFX / rtr

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