BMW Group plans to build an electric vehicle battery factory in Rayong, Thailand, to drive sales of pure electric vehicles and plug-in hybrid electric vehicles. The factory will be supplied with batteries by professional partners such as CATL or EVE Energy, and will assemble products for supply to other factories and local vehicles in Rayong. Alexander Baraka, President and CEO of BMW Group Thailand, said that Thailand may become the third country outside of Germany where BMW produces electric vehicles. Currently, BMW operates a car factory in Rayong, which is responsible for producing battery systems for plug-in hybrid vehicles and exporting them to the Thai market and other countries. Thailand's subsidy policy has attracted several domestic manufacturers to set up operations in the country.
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