November 8, 2023: Chinese language auto agency SAIC Motor has began preliminary EV battery manufacturing at its new three way partnership plant in Thailand, Chinese language state media reported on October 31.
The 120,000 ft2 battery and elements plant could have an eventual manufacturing capability of fifty,000 batteries yearly, Xinhua stated.
The plant is operated by SAIC Motor-CP, a three way partnership with Thailand’s Charoen Pokphand Group.
SAIC began building of the plant earlier this 12 months and stated it was scheduled for full completion by 2025.
In the meantime one other Chinese language carmaker, Changan, signed a land buy settlement throughout October with Thai industrial parks developer WHA Group to construct a brand new EV manufacturing plant within the nation.
The power could have an preliminary manufacturing capability of 100,000 automobiles yearly.
In July, Power Storage Journal reported that Chinese language battery maker SVOLT had damaged floor for a battery modules and packs manufacturing facility in Thailand.
SVOLT stated the Chon Buri province facility, to be accomplished by the top of this 12 months, will strengthen its presence within the thriving Thai EV market.