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Caixin Global
Caixin Global
Business
Kelsey Cheng and Yu Cong

Chinese EV-Battery Maker SVOLT Breaks Ground on Thai Factory

What’s new: Chinese lithium-ion battery-maker SVOLT Energy Technology Co. Ltd. has kicked off the construction of its Thailand factory, the company said Wednesday.

The company expects to complete construction by the end of the year and estimates the facility will have an annual capacity of 60,000 battery packs, according to a statement .

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