http://www.indiancarsbikes.in/auto-news/bmw-setup-factory-thailand-produce-ev-batteries-153570/ BMW to Setup Factory in Thailand to Produce EV Batteries July 23, 2016 Mayank Dhingraon
[image http://www.indiancarsbikes.in/wp-content/uploads/2013/07/BMW-i3_2014_1024x768_wallpaper_5d.jpg (i3 x-ray view) ] German automotive giant BMW is planning to come up with a new factory to produce batteries for the future cars. The company is looking towards making a step towards the future technology, which would see widespread usage of Electric Vehicles and hybrid cars. As a result, establishing its own factory to build batteries to power these cars would give the company immense benefits in terms of component availability and also in bringing down the overall costs of these parts on account of high volumes. BMW is in talks with the Industries Ministry of Thailand and is aiming to start construction of the new plant by the middle of next year. The new state-of-the-art factory will produce batteries to be used in plug-in hybrid vehicles to be built by the company. Being in Thailand, the plant will lead to lower costs of such cars for the Thai market. The total investment into this project is being considered to be around 57 million dollars. Moreover, the government of Thailand is also in conversation with BMW to offer it tax incentives for making Thailand a manufacturing hub for plug-in hybrid vehicles. Thailand is also home to 10 other big automobile manufacturing companies, which have made it as their regional production hub for the Asia Pacific region. The automobile sector also accounts for a large chunk of the country’s GDP and contributes close to 10 per cent. Manufacturers across the globe are constantly increasing their focus on new technologies and mobility solutions, which will power vehicles in the coming future. Dependency on fossil fuels and also the increasing levels of pollution in various parts of the globe is making companies and regulatory bodies to take steps to switch to cleaner sources of energy. Other companies like Tesla are also thinking towards looking into alternate means of energy like solar power and developing strategies to move into this direction. [© 2016 IndianCarsBikes] http://www.drivespark.com/four-wheelers/2016/jaguar-ford-bmw-could-build-car-electric-battery-company-015961.html Is Jaguar, Ford & BMW In Talks For Making Electric Car Batteries? July 26, 2016 According to sources, Jaguar, Ford, and BMW are in talks to open a electric car battery manufacturing plant. None of the three carmakers have confirmed the ... For EVLN EV-newswire posts use: http://evdl.org/evln/ {brucedp.150m.com} -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/BMW-in-talks-for-Thailand-battery-factory-for-their-Electrified-vehicles-tp4683132.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
