GWM’s new battery pack assembly plant opening soon in Thailand

GWM’s new battery pack assembly plant opening soon in Thailand

KUALA LUMPUR: Great Wall Motor (GWM) has big plans for the Thai market which include the establishment of a new plant to assemble battery packs along with a research & development center.

KEY TAKEAWAYS

  • What are GWM's plans for the Thai market?

    Great Wall Motor (GWM) has big plans for the Thai market which include the establishment of a new plant to assemble battery packs along with a research & development center.
  • How many R&D centers does GWM has globally?

    Globally, GWM has 10 such R&D centers located globally and now one more is underway in Thailand.
  • In his own words, the GWM Managing Director said, “We may become a contract manufacturer of batteries to other (automakers) as well. That would also scale up the capacity of the battery plant.”

    Ora Good Cat EV

    With an estimated investment of $30 million (approx. RM 137.7 million), the upcoming GWM plant along with battery pack assembly will engage in the production of a new compact car (but that’s a plan next year).

    As for the new GWM R&D center in Thailand, it is expected to be the place for the development of new fully electric trucks by the automaker. Globally, GWM has 10 such R&D centers located globally.

    All these efforts by GWM aim towards becoming Thailand’s main EV producer, however, it all depends on the government and the subsidies it plans to offer. It is also known that by 2023, the Thai-government plans to convert 30% of the country’s annual vehicle production into EVs.

    Ora Good Cat EV

    GMW cars in Thailand

    GMW launched the Ora Good Cat EV in Thailand in late 2021 and as per last year’s sales report, it was the country’s best-selling EV. Thanks to the government’s THB 230,500 (approx. RM 30,607) subsidy, the car is priced at THB 828,500 (approx. RM 110,013)

    Currently available as a fully-imported unit, by next year GMW plans to produce the Good Cat locally with locally sourced components.

    Also Read: Ora Good Cat EV gets a new Pistachio Green colour scheme

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