Electric Vehicles

BMW Considering EV Battery Plant in Thailand – Bkk Post

 

The chief executive of BMW in Thailand says the group plans to build a battery factory for electric vehicles in Rayong, on the country’s eastern seaboard this year, according a report by the Bangkok Post, which said the group made this decision because China is expanding its EV investment and supply chains in the country, and the Thai government last week endorsed the idea of cash grants for local EV battery makers, with the aim of Thailand becoming a regional hub for electric vehicles.

BMW, which has battery production plants in China and Hungary, wants Thailand to be its export base for EV batteries, but final decisions on the investment budget and production capacity would be based on factors such as market demand and the global supply of computer chips, CEO Alexander Baraka was quoted as saying.

Read the full report: Bangkok Post.

 

ALSO SEE:

 

China’s EV Maker Xpeng Unveils Big Hiring, AI Investment Plan

 

EU Vows to Stem ‘Unfair Competition’ With New China Subsidy Probe

 

China’s BYD in Talks on Mexico Factory for Exports to US – Nikkei

 

Russians Get Chinese Help to Make Citroen EVs at Stellantis Plant

 

China in Race With West to Build Best Solid-State Battery – Nikkei

 

China Backs Firm Tie-Ups in Smart Vehicle Domination Drive

 

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.

Recent Posts

China Bids to Lift Foreign Investment in Its Tech Amid Funds Exit

Beijing is desperate to rebuild confidence among overseas investors as its economy continues to struggle…

14 hours ago

Chinese Hackers Poised to Strike at US Infrastructure: FBI Director

The US law enforcement chief said a Chinese hacking campaign known as Volt Typhoon has…

15 hours ago

Mayors of Big Global Cities Calling for Urban Climate Finance

Officials from some of the world's biggest cities are in Washington to lobby for better…

1 day ago

Trade War Heating Up: China Hits Back After Biden Boosts Tariffs

China announces "anti-dumping penalties" on imports of a US chemical and orders Apple to cut…

1 day ago

Wall St ‘Steered Billions Into Blacklisted China Firms’ – Nikkei

Chinese companies invested in included the Aviation Industry Corp of China, a defence conglomerate that…

2 days ago

China Orders Apple to Cut WhatsApp, Threads from App Store

US tech giant said Beijing ordered it to cut the messaging apps because of national…

2 days ago