MG increase Thai operation with Bt30-billion EV funding

MG has introduced progress in its Thai operations with a Bt30-billion funding to make Thailand its EV manufacturing hub for the Asean area.

In keeping with a press launch from MG, its Thai plant is able to producing as much as 100,000 automobiles per 12 months, consisting of not solely EVs but additionally hybrids fitted with inside combustion engines (ICEs).

“The Newest development in automobile manufacturing is the introduction of a brand new manufacturing line for electrical automobiles (EVs) with the native manufacturing model of the MG4 Electrical as the primary mannequin,” the discharge acknowledged. “Moreover, a brand new EV battery manufacturing facility has been established to satisfy rising calls for of EVs in Thailand and different Southeast Asian international locations.”

On the event of MG’s New Industrial Power Industrial Park, your complete facility is now operational with vegetation and workplaces of MG suppliers. MG acknowledged that as much as 98 per cent of workers are Thais.

In keeping with MG, Thailand is a strategic location the place MG wish to set foot on for long run enterprise operations because it has robust confidence within the Kingdom each by way of development potential and calls for.

“Centrally situated within the area, Thailand additionally has excessive alternative to be established as ASEAN’s export hub,” The discharge added.

The MG facility is situated on the WHA Japanese Seaboard Industrial Property 2 (WHA ESIE 2) in Chon Buri province. This 437-rai industrial park might be roughly divided into two zones. The primary zone is a 300-rai of land plot allotted for physique store, paint store, normal meeting in addition to a warehouse to retailer elements of each MG mannequin.

In 2023, MG raised funding to develop the remaining land of 137.5 rais into the New Power Industrial Park to satisfy with growing gross sales of EVs and fulfill your complete EV ecosystem from upstream to downstream. This second and newly developed zone contains an EV battery manufacturing facility and MG’s auto elements growth zone in cooperation with main companions.

Suroj Sangsanit, govt vice chairman of SAIC Motor-CP Co Ltd, stated: “Our manufacturing facility makes use of many inventions and applied sciences together with automation programs and clever robotics to maximise comfort, effectivity, and precision. These improvements work in sync with our abilities and skilled manufacturing staff to make sure now we have an higher hand in manufacturing of automobiles in varied format and engine applied sciences. Final 12 months, MG invested and initiated native manufacturing of EVs in accordance with our dad or mum firm (SAIC Motor Company) in addition to the federal government’s funding coverage. The primary EV mannequin to be produced at our Thailand manufacturing plant is the MG4 Electrical, which is a worldwide EV mannequin with international supply over 180,000 models because it was first launched. The primary lot of native manufacturing models have been additionally delivered to prospects since April 2024. As a trailblazer within the EV market, MG not solely focuses on the merchandise, however we additionally wish to strengthen your complete EV ecosystem to accommodate growing utilization. Thus, we determined to spend money on EV battery manufacturing facility — the primary facility of such nature in ASEAN — underneath the identify of HASCO-CP Batery Store.”

Suroj stated the power has two main zones. The primary zone is the battery meeting line which may run robotically with the assistance of numerous applied sciences together with robotic system to make sure exactness in manufacturing, AGV (Automated Guided Car) know-how to handle the movement of every battery upon meeting to attenuate manufacturing time and maximize effectivity. , laser welding for top precision, in addition to the meeting assurance course of utilizing CCD (Cost Coupled Gadget) to check with finalized prototype earlier than assemble every battery unit with every EV unit. The second zone is a battery high quality assurance zone with 60 take a look at procedures licensed underneath European requirements and in accordance with different battery meeting vegetation world wide. The HASCO-CP Battery Store can assemble 50,000 cell-to-pack batteries yearly.

“All of those endeavors, together with macro-scale aims and long-term investments, actually exhibit MG willpower in persevering with its enterprise in Thailand. MG wish to push the boundary of Thai auto business — certainly one of key industries that may drive financial development — and in addition wish to set Thailand as a manufacturing and exportation hub of ICE automobiles and EVs for right-hand-drive markets like Thailand, whether or not they’re in ASEAN or different areas world wide,” he concluded.