The demand for plug-in hybrid electric vehicles (PHEV) is on the rise and with countries bringing in norms to curb the emissions, it is not surprising that German automaker, Mercedes-Benz in planning a hybrid battery factory.
The president and the chief executive Michael Grewe said a battery facility needed in Thailand as the demand for the PHEVs in increasing by the day. Currently, the plug-in hybrids are being manufactured at a plant in Thailand; however, batteries are being sourced from Germany.
Grewe did not confirm officially the battery factory to be built in Thailand, but he said the intention is there to cater to the growing demand of hybrid batteries in Thailand.
This is possible only if some of the goals are met, some of the goals include automakers, high-technology parts (batteries), infrastructure (charging stations) and regulations need to be ready.
The German automaker feels the combination of fuel and battery powered power plant will benefit countries like Thailand. Mercedes is continuing its development in electric vehicles apart from the hybrids that it has now in its portfolio.