EA to open battery factory as it bets on green vehiclesSET-listed Energy Absolute Plc (EA), a renewable energy developer and operator, will officially open its battery and energy storage system (ESS) production facility on Dec 12 as part of its plan to become a leader in electric vehicle (EV) manufacturing. EA's lithium-ion battery production factory in Chachoengsao has passed a trial run, following a delay caused by lockdown measures to contain the spread of Covid-19. The annual capacity will increase to 4GWh as Thailand is expected to gradually shift from oil-powered car manufacturing to EV production, he said. Mr Vasu said the new battery factory, operated by the company's subsidiary Amita Technology (Thailand) Co, will serve its new EV assembly factory, expected to start commercial operations in the first quarter of next year. EA is developing a battery-run truck and expects to roll it out in the first half of next year.

Source: Bangkok Post November 23, 2021 04:05 UTC