Mercedes-Benz is reportedly to use battery cells made under its partnership operations in China in some cars made by the firm worldwide.
Dieter Zetsche (pictured), chairman of the German carmaker's parent company Daimler, made the announcement in Beijing, the China Daily reported.
German auto giant Mercedes-Benz is to invest in a lithium-ion battery assembly plant in Thailand for its plug-in hybrid electric vehicles (PHEVs).
Andreas Lettner, CEO of Mercedes-Benz Manufacturing Thailand, told the Bangkok Post the EUR100 million ($122m) Samut Prakan facility is scheduled to start operations in early 2019.
A new manufacturing plant for “premium e-batteries” and electric vehicles is to be built in Beijing by Germany’s Daimler and its Chinese joint venture (JV) partner BAIC.
Daimler and BAIC intend to jointly invest a total of CNY5 billion ($736.6 million) in the production of Daimler’s Mercedes-Benz brand battery electric vehicles (BEVs) at the plant, which will be operated by the firms’ Beijing Benz Automotive Co., Ltd., (BBAC) JV.