Thailand approves Sunwoda to invest more than US$1 billion in EV battery cell plants

Thailand’s Commission on the National Competitiveness Enhancement for Targeted Industries, at a meeting today, approved an investment by a unit of China’s Sunwoda Electronic worth more than a billion dollars in the production of electric vehicle (EV) and energy storage system (ESS) batteries at the cell level, in a move that will strengthen the country’s supply chain and support EV manufacturing for both the domestic and export markets The post Thailand approves Sunwoda to invest more than US$1 billion in EV battery cell plants appeared first on Automotive World.

Mar 13, 2025 - 11:13
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Thailand’s Commission on the National Competitiveness Enhancement for Targeted Industries, at a meeting today, approved an investment by a unit of China’s Sunwoda Electronic worth more than a billion dollars in the production of electric vehicle (EV) and energy storage system (ESS) batteries at the cell level, in a move that will strengthen the country’s supply chain and support EV manufacturing for both the domestic and export markets

The post Thailand approves Sunwoda to invest more than US$1 billion in EV battery cell plants appeared first on Automotive World.