Sunwoda to invest over $1 billion to set up EV battery plants in Thailand
Thailand boosts its EV supply chain with Sunwoda's new battery-cell manufacturing facilities, aiming for global competitiveness and local job creation
Thailand's Commission on the National Competitiveness Enhancement for Targeted Industries has approved an investment exceeding $1 billion by Sunwoda Electronic's subsidiary, Sunwoda Automotive Energy Technology (Thailand) Co. Ltd., to establish electric vehicle and energy storage system (ESS) battery-cell plants.
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