July 13, 2023: SVOLT mentioned on July 10 that it broke floor for the development of a manufacturing unit of battery modules and packs in Thailand.
The Chinese language battery maker mentioned the ability in Chon Buri province, which is predicted to be accomplished by the tip of the yr, will strengthen its presence within the booming Thai EV market.
The ability is designed to have an annual manufacturing capability of round 60,000 modules.
One line will probably be devoted to the manufacturing of modules for hybrid electrical automobiles, whereas the second line is designed to supply modules and packages for plug-in hybrid electrical automobiles and battery electrical automobile.
Each manufacturing strains will use independently developed pouch cells and prismatic cells, with superior computerized welding processes and monitoring gear that guarantee environment friendly, high-quality manufacturing.
Chairman and CEO Hongxin Yang mentioned that SVOLT’s superior lithium battery tech will type the idea of a neighborhood battery provide chain community that can contribute to the enlargement of China’s new vitality market.
SVOLT’s Thai operations are via its wholly owned subsidiary SVOLT Vitality Know-how (Thailand).
