One of the key safety considerations of battery manufacturing is thermal runaway, the uncontrolled increase in temperature which can lead to fires, explosions, and emissions of toxic gasses. As such, development of automated systems capable of detecting such events is of considerable importance in both academic and industrial contexts. In this work, we investigate the use of deep learning for detecting thermal runaway in the battery production line of VDL Nedcar, a Dutch automobile manufacturer. Specifically, we collect data from the production line to represent both baseline (non thermal runaway) and thermal runaway conditions. Thermal runaway was simulated through the use of external heat and smoke sources. The data consisted of both optical and thermal images which were then preprocessed and fused before serving as input to our models. In this regard, we evaluated three deep-learning models widely used in computer vision including shallow convolutional neural networks, residual neural networks, and vision transformers on two performance metrics. Furthermore, we evaluated these models using explainability methods to gain insight into their ability to capture the relevant feature information from their inputs. The obtained results indicate that the use of deep learning is a viable approach to thermal runaway detection in battery production lines.