Mr Schwenk said Mercedes-Benz would continue to invest in Thailand, with the aim of becoming the leader in the country's EV market.
Mr Schwenk mentioned Mercedes-Benz would proceed to spend money on Thailand, with the intention of turning into the chief within the nation’s EV market.

Mercedes-Benz (Thailand) is searching for extra native enterprise companions for joint funding in electrical car (EV) charging amenities to serve the rising home EV market.

Thailand is being developed right into a high-potential EV market, following the federal government’s clear coverage to strengthen the EV trade amid the worldwide pattern for utilizing extra zero-emission automobiles, mentioned Martin Schwenk, president and chief government of Mercedes-Benz (Thailand).

Final 12 months, the cupboard accepted a package deal of incentives together with tax cuts and subsidies to advertise EV consumption and manufacturing between 2022 and 2023. The subsidies vary from 70,000 baht to 150,000 baht relying on the kind and mannequin of auto, whereas there are decrease excise tax and import duties on fully knocked-down and fully built-up models.

“The corporate will proceed to spend money on Thailand, with the intention to grow to be the chief within the Thai EV market,” he mentioned.

Mercedes-Benz is cooperating with PTT Oil and Retail enterprise Plc, a subsidiary of nationwide oil and fuel conglomerate PTT Plc, to collectively conduct a feasibility examine on EV charging station improvement to serve EV drivers.

“We initially plan to extend the variety of EV charging stations by working with 4 sellers who promote our EVs below the EQ model,” mentioned Mr Schwenk.

There are at present 32 EQ sellers nationwide.

Mercedes-Benz can also be enthusiastic about battery manufacturing in Thailand and sees it as a long-term funding mission.

At current, the agency, along with an area accomplice, runs a manufacturing facility in Samut Prakan that imports battery elements for meeting.

In 2022, Mercedes-Benz noticed its complete gross sales, together with oil-powered automobiles, in Thailand develop by 34%, with a complete of 13,182 autos registered.

Automobile gross sales in what the agency calls the “Dream Automobile” section, together with CLS and C-Coupe fashions, recorded gross sales progress of 28%, whereas the modern luxurious section, together with the brand new C-Class, E-Class, and S-Class, grew by 12%, adopted by the top-end luxurious section, such because the Mercedes-Maybach, which noticed gross sales progress of over 3 times the extent recorded the earlier 12 months.

Globally, the agency achieved gross sales progress of over 15% in 2022 by promoting over 2,043,900 passenger automobiles.

It noticed a big enhance in gross sales of battery EVs below the Mercedes-EQ model, with a progress price of 124% and gross sales of greater than 117,800 automobiles worldwide.

Supply By