Shenzhen - Delayed Quote CNY

Sunwoda Electronic Co.,Ltd (300207.SZ)

19.02

+0.13

+(0.69%)

At close: April 30 at 3:04:19 PM GMT+8

Thailand approves Sunwoda’s $1bn EV battery cell production facilities

The new facility, which will produce lithium-ion battery cells for EV manufacturers, is expected to create over 1,000 jobs once operational.

Just Auto last month

^YH310
Thailand approves $1 billion investment from China's Sunwoda for EV battery plant

Thailand's Investment Board said on Thursday it had approved a $1 billion investment from China's Sunwoda Electronic to build an electric vehicle battery plant, the latest in a series of new EV-related projects in the regional automaking hub. The Shenzhen-based firm will create 1,000 jobs in Thailand for production of lithium-ion battery cells for EV manufacturers at a facility that would include manufacturing, research and product development. Thailand is Southeast Asia's largest auto production and export centre, home to major carmakers like Toyota and Honda.

Reuters last month

^YH310

Performance Overview

Return	300207.SZ	SSE Composite Index (000001.SS)
YTD	-14.75%	-2.17%
1-Year	+26.04%	+5.61%
3-Year	-13.22%	+7.61%