Thailand approves Sunwoda to invest $1B in EV battery cell plants

Thailand’s Commission on the National Competitiveness Enhancement for Targeted Industries, has approved an investment by a unit of China’s Sunwoda Electronic worth more than $1 billion in the production of electric vehicle (EV) and energy storage system (ESS) batteries at the cell level, in a move that will strengthen the country’s supply chain and support EV manufacturing […]

Eramet keen in investing in Indonesia’s EV battery ecosystem, downstream processing

French multinational mining and metallurgy company, Eramet, has interest in supporting Indonesia’s Electric Vehicle (EV) battery ecosystem development and downstreaming processing. The commitment was conveyed by Eramet Chief Executive Officer, Christel Bories, during a meeting with Coordinating Minister for the Economy Airlangga Hartarto at the Indonesian Embassy in Paris on Monday, March 3, 2025.