EVLOMO proceeding with 8GWH Lithium battery plant slated for construction in Q1 2022 at CPGC, Rayong | EVLOMO & ROJANA have parted ways
September 22, 2021, Bangkok. EVLOMO is setting up 8 GWH Lithium battery plant in Thailand entailing a total investment outlay of $ 1.06 billion. The plant will have world class safety standards and will support the growing demand of energy storage and electric mobility. EVLOMO has exited MoU with Rojana Industrial Park Public Co., Ltd. (SET: ROJNA) for setting up battery project at Nong Yai, Chonburi, Thailand . EVLOMO has finalized plots for battery plant in CPGC Industrial Estate located in the Eastern Economic Corridor, Thailand. CPGC Industrial Estate in Rayong is established by CG Corporation Co. Ltd., in cooperation with Industrial Estate Authority of Thailand. Pre-FEED of the plant is complete. Construction is projected to break ground in first quarter of 2022 and the factory is planned to begin operations by second half of 2024. EVLOMO is also rolling out more than 1,000 new fast chargers across Thailand over the next five years, a move set ...