Thailand's National Competitiveness Enhancement Commission approved China's Sunwoda Electronic to invest over US$1 billion in manufacturing electric vehicle (EV) battery cells and energy storage systems (ESS), significantly boosting Thailand's EV supply chain capabilities. Sunwoda Automotive Energy. The move strengthens Thailand's EV and energy storage supply chain as the country pushes to become a regional manufacturing hub. 5 billion) investment in local. Singapore, May 19, 2025 – Scaling up renewables would be the most economic pathway for Thailand to make progress toward its climate-related goals, according to BloombergNEF's latest report, Thailand: Turning Point for a Net-Zero Power Grid, published today. PHOTO: BT,FILE The Shenzhen-based firm will create 1,000 jobs in Thailand for production of.