MG Thailand will double its battery production for PHEVs to serve growing demand in the market.

Bangkok Post reports that MG’s manufacturing plant in Chon Buri will ramp the battery production to 700-800 units per month from the current 300-400 units per month.

One of the PHEVs sold by MG Thailand is the MG HS PHEV.

Also read: New 2021 MG HS PHEV launched in Thailand – Proton X70 rival goes electric!

The MG HS PHEV is built in Thailand and launched last year, shares the same platform with the full-electric MG ZS EV.

SAIC Motor-CP and MG Sales Thailand president, Zhang Haibo said, "MG is in the process of revising a business plan following the pandemic's impact on business, so we simply forgot about the investment budget for the PHEV battery project."

Thailand’s Board of Investment (BoI) has granted tax privileges for EV production a few years ago. With that, MG Thailand is also preparing to produce more EVs in the future.

The “EV” term used by the Thai Board of Investment includes Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), and Mild Hybrid Electric Vehicle (MHEV).

Also Read: Thailand targets 30% EV and hybrid production by 2030

Under a 500-million-baht budget, MG Thailand will also increase the number of EV charging outlets in Thailand to 500 by the end of 2021.

Expecting the automotive industry to recover slowly from the pandemic, MG Thailand hopes stimulus measures will improve the situation.

Also Read: Full speed ahead for Thailand’s National EV Policy Committee, 750k xEVs by 2030