Thailand approves Sunwoda’s $1 billion investment in EV battery cell plants
Sunwoda’s first factory in Thailand, located in Chonburi Province, will produce lithium-ion battery cells for EV makers. Several Chinese battery makers have already localized their production in Thailand, but all of them have built packs based on battery cells. (Sunwoda batteries on display at the April 2024 Beijing auto show. Image credit: CnEVPost) Sunwoda has…