Thai-Chinese joint venture SAIC Motor-CP, the manufacturer and distributor of MG cars, plans to spend 2.5 billion baht developing a factory to produce batteries for battery electric vehicles (BEVs) and start making BEVs domestically next year.
BEVs run entirely on batteries without any help from internal combustion engines.
MG is also conducting a feasibility study on a battery recycling facility as the number of used batteries is expected to increase, said Zhang Haibo, president of SAIC Motor-CP Co and MG Sales (Thailand).
