Battery Maker Svolt Energy Inaugurates Production Line in Thailand

Jan 2024

Battery maker Svolt Energy just inaugurated its first battery pack production line at its Thailand plant. The pack is Svolt Energy’s LCTP battery pack with a capacity of 60 kWh, providing a CLTC range of up to 500 kilometres. The pack is based on lithium iron phosphate (LFP) chemistry and utilizes Svolt Energy’s L600 series cells, which meets the mainstream battery demand for A-class vehicles in the Thai market.

Svolt Energy’s first battery pack produced in Thailand is expected to be available in volume in the first quarter of 2024, and will first be fitted to the Thai version of the Good Cat model of Great Wall Motor’s new energy vehicle (NEV) brand Ora. Once the pack is mass-produced, Svolt Energy has intentions to expand into the light-duty power and energy storage markets in Southeast Asia.

Svolt Energy’s Thailand plant, a joint venture between the company’s local subsidiary and Thailand’s Banpu Next, focuses on power batteries, 2-3 wheeler batteries, energy storage, and battery recycling. The plant, located in Sriracha Chonburi, began construction in July 2023 and is based on the renovation and upgrading of a locally leased facility.

The plant, which is expected to have a capacity of 60,000 modules and packs per year, will have two production lines, one for the production of HEV, PHEV, and BEV modules and the other for the assembly of battery packs.

(Sources: Svolt Energy; CnEVPost)

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