Thailand approves Sunwoda to invest $1B in EV battery cell plants

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2025-03-20 02:14:44 -

Thailand’s Commission on the National Competitiveness Enhancement for Targeted Industries, has approved an investment by a unit of China’s Sunwoda Electronic worth more than $1 billion 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...

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