China’s Sunwoda to build US$1bn battery plant in Thailand

The Investment Board of Thailand announced on 13 March 2025 that it had approved a US$1bn investment from Chinese battery manufacturer, Sunwoda, to build a local electric vehicle (EV) battery plant. The latest in a series of moves to expand EV production capacity in Southeast Asia’s largest car manufacturing hub, the plant will focus on lithium-ion batteries and could create as many as 1,000 new jobs.

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Originally posted on: https://www.automotiveworld.com/news/chinas-sunwoda-to-build-us1bn-battery-plant-in-thailand/