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Thailand Approves Sunwoda to Invest More Than US$1 billion in EV Battery Cell Plants

Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment announced today that the country’s Commission on the National Competitiveness Enhancement for Targeted Industries has approved China’s Sunwoda Electronic project to invest more than US$1 billion in EV battery cell plants, in a move that will boost Thailand’s supply chain.

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