Sunwoda allots B50bn for Chon Buri plants

Quick Summary:

Chinese battery cell maker Sunwoda Automotive Energy Technology (Thailand) is building two new factories in Thailand, aiming to benefit from the growing electric vehicle (EV) industry here to use the country as its new export base, says the Board of Investment (BoI).

The company also wants to cooperate with academic institutions and research agencies in Thailand on nine R&D projects, added Mr Narit.

Battery cells are considered to be in upstream battery manufacturing, focused on the production of electrochemical units that can store and release energy.

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Article Details

Category: EconomyBusiness

Markets: ThailandChina

Topics: Plans Sunwoda Battery Investment Billion Energy Thailand Factories Company Narit Technology

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-14 @ 04:00:00 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 26972307

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