The company plans to spend 50 billion baht to develop two plants in Chon Buri, expecting to start operations later this year. "Sunwoda expects to hire more than 4,000 people, including 900 ...

Established last year, Sunwoda Automotive Energy Technology (Thailand), a subsidiary of Shenzhen-based Sunwoda Electronics, will make battery cells for EVs and produce energy storage systems.

Credit: Thailand Board of Investment. Thailand has approved a $1bn investment by Sunwoda Automotive Energy Technology (Thailand) to establish manufacturing facilities for electric vehicle (EV ...